MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

Surgent's Accounting for and Auditing Inventory

 Currently available
 
2.0
26 / S-60026
Registration is Open
Member Price
$89.00 Regular Registration
Your Price
$93.00 Regular Registration
Designed For:

Accounting and auditing practitioners at all levels desiring to develop a detailed understanding of inventory accounting.

Prerequisite:

Experience in accounting

Many entities have inventory on their books. The types of inventory can range from simple resale of goods purchased to more complex inventories that use process costing. This module will discuss accounting for and auditing less complex inventories and provide an overview of issues associated with auditing more complex inventories. Inventory observations were covered in an earlier module. (Please Note: This module is part of Surgent's Audit Skills Training: Level 3.)

Delivery Method: On-Demand Webcast
CPE Credit: Auditing
Program Level: Basic

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Recall the elements of inventory costing
  • Apply inventory valuation methodologies to various types of inventory
  • Determine reserve methodologies for inventory obsolescence
  • Recall issues related to consignment inventory
  • Assess risk and perform audit procedures on less complex inventories

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.