Accounting  |  Format: Flash

Balance Sheet: Inventory

Course Overview
The goal of this course is to help you to better understand how to account for inventories, including different costs, consigned goods, financing product arrangements, and lower of cost or market. It will also provide examples of how to compute inventory balances using various inventory methods and the proper disclosure requirements.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize how to account for inventories including different costs, consigned goods, financing product arrangements, and lower of cost or market.
  • Recognize how to compute inventory balances using the LIFO method.
  • Identify proper disclosure requirements for inventory.

       
    Catalog Number: 99DEL37
    CPE Credits: 1 Registry / 1 QAS
    Author: Steve Spafford, CPA
    Prerequisites/
    Advanced Preparation:
    None
    Course Level: Overview
    Field of Study: Accounting
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Apr 20, 2018 / Apr 20, 2020

     

     

     

     

     

     

  • http://education.smartpros.com/includes/cpe/coursedetail.asp?CPECatalogID=25565&CourseID=18265