Inventory Accounting: GAAP, Software and Variance Recognition

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Do you want to improve your inventory accounting skills? This class will assist you in getting there quickly! The seminar covers the fundamentals of inventory GAAP, inventory software, and variation handling. For this interesting webinar, join inventory accounting veteran John L. Daly.

Fundamental Course Information

Objectives of Learning

Learn the fundamentals of these inventory issues:
Software Variance Recognition in GAAP

Major Topics

Inventory GAAP/IFRS Understanding Inventory Software

– Master inventory files

– Material Bill of Lading (BOM)

– Bill of Materials indented

– Pathways

Recognizing Variances
Keeping prices up to date

John L. Daly, MBA, CPA, CMA, CPIM, is a management consultant headquartered in Chelsea, Michigan who specializes in costing, pricing strategy, and pricing model creation. He has been teaching continuing professional education classes since 1995, and he started performing ethics lectures two weeks before the Enron affair broke. John has served as CFO for a Tier 1 automotive parts supplier and a big restaurant chain, as well as COO for a producer and reseller of window coverings. He is the author of the book “Pricing for Profitability,” published by Wiley and Sons, as well as the novel “Tool & Die.”

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