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 - 11:00am to 01:00pm EDT
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Thu, May 29, 2025 - 01:00pm to 03:00pm EDT
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Tue, Jun 03, 2025 - 07:00pm to 09:00pm EDT
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Fri, Jun 13, 2025 - 11:00am to 01:00pm EDT
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Thu, Jun 26, 2025 - 01:00pm to 03:00pm EDT
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Sat, Jun 28, 2025 - 10:00am to 12:00pm EDT
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Thu, Jul 17, 2025 - 09:00am to 11:00am EDT
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Thu, Jul 24, 2025 - 09:00am to 11:00am EDT
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Tue, Jul 29, 2025 - 06:00pm to 08:00pm EDT
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Wed, Jul 30, 2025 - 09:00am to 11:00am EDT
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Tue, Aug 12, 2025 - 09:00am to 11:00am EDT
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Wed, Aug 20, 2025 - 09:00am to 11:00am EDT
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Sat, Aug 23, 2025 - 09:00am to 11:00am EDT
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Thu, Aug 28, 2025 - 09:00am to 11:00am EDT
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Wed, Sep 17, 2025 - 09:00am to 11:00am EDT
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Tue, Sep 23, 2025 - 09:00am to 11:00am EDT
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Thu, Sep 25, 2025 - 06:00pm to 08:00pm EDT
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Mon, Sep 29, 2025 - 09:00am to 11:00am EDT
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Thu, Oct 16, 2025 - 09:00am to 11:00am EDT
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Fri, Oct 24, 2025 - 09:00am to 11:00am EDT
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Tue, Oct 28, 2025 - 09:00am to 11:00am EDT
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Thu, Oct 30, 2025 - 06:00pm to 08:00pm EDT
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Mon, Nov 10, 2025 - 09:00am to 11:00am EST
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Tue, Nov 18, 2025 - 09:00am to 11:00am EST
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Fri, Nov 21, 2025 - 09:00am to 11:00am EST
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Tue, Nov 25, 2025 - 09:00am to 11:00am EST
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Thu, Dec 11, 2025 - 09:00am to 11:00am EST
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Sat, Dec 20, 2025 - 09:00am to 11:00am EST
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Mon, Dec 29, 2025 - 09:00am to 11:00am EST
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Tue, Dec 30, 2025 - 06:00pm to 08:00pm EST
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Mon, Jan 19, 2026 - 02:00pm to 04:00pm EST
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Tue, Jan 27, 2026 - 10:00am to 12:00pm EST
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Mon, Feb 16, 2026 - 11:00am to 01:00pm EST
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Wed, Feb 25, 2026 - 12:00pm to 02:00pm EST
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Tue, Mar 17, 2026 - 02:00pm to 04:00pm EDT
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Tue, Mar 31, 2026 - 10:00am to 12:00pm EDT
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Fri, Apr 10, 2026 - 11:00am to 01:00pm EDT
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Wed, Apr 22, 2026 - 12:00pm to 02:00pm EDT
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Fri, May 15, 2026 - 02:00pm to 04:00pm EDT
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Wed, May 20, 2026 - 10:00am to 12:00pm EDT
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Thu, Jun 11, 2026 - 11:00am to 01:00pm EDT
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Fri, Jun 19, 2026 - 12:00pm to 02:00pm EDT
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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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