Event Level: Basic
Required Knowledge: Experience in accounting and attestation
Advanced Preparation: None
Who Should Attend: Accounting and auditing practitioners at all levels desiring to develop a detailed understanding of inventory accounting
Vendor: Surgent
Speaker: Thomas Newell
- * Recall the elements of inventory cost for book and income tax accounting purposes * Apply inventory valuation methodologies to various types of inventory * Determine reserve methodologies for inventory obsolescence * Determine appropriate inventory observation approaches * Recall issues related to consignment inventory