Inventory Accounting GAAP, Software and Recognizing Variances
Overview
Many organizations struggle to keep budgets current in an ever-changing business climate. Twenty-first century performance metrics focus on determining what budgets should be rather than what they were in the past. Using performance metrics effectively reduces work, reduces politics, provides flexibility and substantially improves the performance management process. This session will show you powerful techniques to drive your organization’s performance.
Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Basic
Highlights
- Inventory accounting
- GAAP
- Methods for dealing with variances
Prerequisites
None
Designed For
Financial professionals who deal with inventory
Objectives
- GAAP/IFRS for inventory
- Understanding Inventory software
- Inventory master files
- Bill of Materials (BOM)
- Indented Bill of Materials
- Routings
- Variance recognition
- Keeping costs current
Preparation
None
Leader(s):
Leader Bios
John Daly, CPA Crossings, LLC
John Daly, CPA, MBA, CMA, CPIM, has been a professional speaker since 1995. He seeks to make every session lively, informative and fun using a combination of case discussion, lecture and peer-to-peer interaction. John has presented in 46 states and five provinces on topics that include accounting, finance, management, software and ethics. He began presenting ethics two weeks before the Enron scandal broke. John has been CFO for a tier one automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of Pricing for Profitability, published by Wiley & Sons, as well as numerous professional articles.
Non-Member Price $109.00
Member Price $79.00