Accounting for Inventory
Wednesday, 09 January 2019 10:00 AM PST, 01:00 PM EST
Training Duration = 90 min Sponsored by Online Compliance Panel
For manufacturers and retailers inventory is one of the most valuable assets on the balance sheet. The cost of inventory is one of the largest expenses on the income statement.
Practitioners and members in industry will benefit from this webcast's comprehensive guidance on inventory accounting issues.
Why Should You Attend:
The primary authoritative guidance related to inventory is FASB Accounting Standards Codification (ASC) 330, Inventory.
The basic objective of inventory accounting is to identify, on a consistent basis, costs applicable to goods on hand at the end of the period and costs that should be included in the cost of goods sold for the period. The specific issues in meeting this objective include determining:
Candace Leuck is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served.
She returned to Clemson in the Fall of 2006 and remained through Spring of 2012. In addition to undergraduate and graduate education, Candace has developed and taught various continuing education courses in both live format and through webcast technology.