Inventory Accounting GAAP, Software and Recognizing Variances
Total Credits: 2 including 2 Accounting - Technical
- Average Rating:
- 12
- Categories:
- ACPEN Industry Institute | Accounting and Auditing
- Faculty:
- John L. Daly, MBA, CPA, CMA, CPIM
- Course Levels:
- Basic
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
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.
Basic Course Information
Learning 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
Major Subjects
- Inventory accounting
- GAAP
- Methods for dealing with variances
Course Materials
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase |
Inventory Accounting GAAP, Software and Recognizing Variances Handout (444.1 KB) | Available after Purchase |
Faculty

John L. Daly, MBA, CPA, CMA, CPIM Related Seminars and Products
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal. John has been CFO for a Tier 1 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 and Sons and a novel, "Tool & Die".
Dates
Wed, May 14, 2025 - 08:00am to 10:00am PDT
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Thu, May 29, 2025 - 10:00am to 12:00pm PDT
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Tue, Jun 03, 2025 - 04:00pm to 06:00pm PDT
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Fri, Jun 13, 2025 - 08:00am to 10:00am PDT
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Thu, Jun 26, 2025 - 10:00am to 12:00pm PDT
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Sat, Jun 28, 2025 - 07:00am to 09:00am PDT
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Thu, Jul 17, 2025 - 06:00am to 08:00am PDT
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Thu, Jul 24, 2025 - 06:00am to 08:00am PDT
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Tue, Jul 29, 2025 - 03:00pm to 05:00pm PDT
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Wed, Jul 30, 2025 - 06:00am to 08:00am PDT
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Tue, Aug 12, 2025 - 06:00am to 08:00am PDT
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Wed, Aug 20, 2025 - 06:00am to 08:00am PDT
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Sat, Aug 23, 2025 - 06:00am to 08:00am PDT
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Thu, Aug 28, 2025 - 06:00am to 08:00am PDT
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Wed, Sep 17, 2025 - 06:00am to 08:00am PDT
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Tue, Sep 23, 2025 - 06:00am to 08:00am PDT
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Thu, Sep 25, 2025 - 03:00pm to 05:00pm PDT
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Mon, Sep 29, 2025 - 06:00am to 08:00am PDT
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Thu, Oct 16, 2025 - 06:00am to 08:00am PDT
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Fri, Oct 24, 2025 - 06:00am to 08:00am PDT
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Tue, Oct 28, 2025 - 06:00am to 08:00am PDT
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Thu, Oct 30, 2025 - 03:00pm to 05:00pm PDT
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Mon, Nov 10, 2025 - 06:00am to 08:00am PST
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Tue, Nov 18, 2025 - 06:00am to 08:00am PST
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Fri, Nov 21, 2025 - 06:00am to 08:00am PST
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Tue, Nov 25, 2025 - 06:00am to 08:00am PST
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Thu, Dec 11, 2025 - 06:00am to 08:00am PST
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Sat, Dec 20, 2025 - 06:00am to 08:00am PST
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Mon, Dec 29, 2025 - 06:00am to 08:00am PST
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Tue, Dec 30, 2025 - 03:00pm to 05:00pm PST
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Mon, Jan 19, 2026 - 11:00am to 01:00pm PST
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Tue, Jan 27, 2026 - 07:00am to 09:00am PST
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Mon, Feb 16, 2026 - 08:00am to 10:00am PST
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Wed, Feb 25, 2026 - 09:00am to 11:00am PST
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Tue, Mar 17, 2026 - 11:00am to 01:00pm PDT
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Tue, Mar 31, 2026 - 07:00am to 09:00am PDT
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Fri, Apr 10, 2026 - 08:00am to 10:00am PDT
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Wed, Apr 22, 2026 - 09:00am to 11:00am PDT
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Fri, May 15, 2026 - 11:00am to 01:00pm PDT
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Wed, May 20, 2026 - 07:00am to 09:00am PDT
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Thu, Jun 11, 2026 - 08:00am to 10:00am PDT
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Fri, Jun 19, 2026 - 09:00am to 11:00am PDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Financial professionals who deal with inventory
Original Recording Date 02/15/2024
Course Developer John L. Daly
Date Added to Catalog 10/07/2023
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. 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: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Promo Video
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