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Live Webcast Replay

Inventory Accounting GAAP, Software and Recognizing Variances


Total Credits: 2 including 2 Accounting - Technical

Average Rating:
   29
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.

Dates


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

Faculty

John L. Daly, MBA, CPA, CMA, CPIM's Profile

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

Mon, Jan 19, 2026 - 11:00 AM to 1:00 PM PST
Tue, Jan 27, 2026 - 7:00 AM to 9:00 AM PST
Mon, Feb 16, 2026 - 8:00 AM to 10:00 AM PST
Wed, Feb 25, 2026 - 9:00 AM to 11:00 AM PST
Tue, Mar 17, 2026 - 11:00 AM to 1:00 PM PDT
Tue, Mar 31, 2026 - 7:00 AM to 9:00 AM PDT
Fri, Apr 10, 2026 - 8:00 AM to 10:00 AM PDT
Wed, Apr 22, 2026 - 9:00 AM to 11:00 AM PDT
Fri, May 15, 2026 - 11:00 AM to 1:00 PM PDT
Wed, May 20, 2026 - 7:00 AM to 9:00 AM PDT
Thu, Jun 11, 2026 - 8:00 AM to 10:00 AM PDT
Fri, Jun 19, 2026 - 9:00 AM to 11:00 AM PDT
Fri, Jul 03, 2026 - 5:00 AM to 7:00 AM PDT
Tue, Jul 14, 2026 - 5:00 AM to 7:00 AM PDT
Fri, Jul 24, 2026 - 5:00 AM to 7:00 AM PDT
Wed, Aug 05, 2026 - 5:00 AM to 7:00 AM PDT
Fri, Aug 14, 2026 - 7:00 AM to 9:00 AM PDT
Tue, Aug 25, 2026 - 5:00 AM to 7:00 AM PDT
Thu, Sep 03, 2026 - 5:00 AM to 7:00 AM PDT
Tue, Sep 15, 2026 - 5:00 AM to 7:00 AM PDT
Thu, Sep 24, 2026 - 5:00 AM to 7:00 AM PDT
Mon, Oct 05, 2026 - 5:00 AM to 7:00 AM PDT
Thu, Oct 15, 2026 - 5:00 AM to 7:00 AM PDT
Mon, Oct 26, 2026 - 5:00 AM to 7:00 AM PDT
Wed, Nov 04, 2026 - 5:00 AM to 7:00 AM PST
Fri, Nov 13, 2026 - 7:00 AM to 9:00 AM PST
Tue, Nov 24, 2026 - 5:00 AM to 7:00 AM PST
Wed, Dec 02, 2026 - 5:00 AM to 7:00 AM PST
Thu, Dec 17, 2026 - 5:00 AM to 7:00 AM PST
Wed, Dec 30, 2026 - 5:00 AM to 7:00 AM PST
Wed, Jan 06, 2027 - 5:00 AM to 7:00 AM PST
Fri, Jan 15, 2027 - 5:00 AM to 7:00 AM PST
Mon, Jan 25, 2027 - 5:00 AM to 7:00 AM PST
Wed, Feb 03, 2027 - 5:00 AM to 7:00 AM PST
Fri, Feb 12, 2027 - 5:00 AM to 7:00 AM PST
Mon, Feb 22, 2027 - 5:00 AM to 7:00 AM PST
Wed, Mar 03, 2027 - 5:00 AM to 7:00 AM PST
Mon, Mar 15, 2027 - 5:00 AM to 7:00 AM PDT
Thu, Mar 25, 2027 - 5:00 AM to 7:00 AM PDT
Mon, Apr 05, 2027 - 5:00 AM to 7:00 AM PDT
Wed, Apr 14, 2027 - 6:00 AM to 8:00 AM PDT
Fri, Apr 23, 2027 - 8:00 AM to 10:00 AM PDT
Wed, May 05, 2027 - 5:00 AM to 7:00 AM PDT
Mon, May 17, 2027 - 5:00 AM to 7:00 AM PDT
Tue, May 25, 2027 - 5:00 AM to 7:00 AM PDT
Thu, Jun 03, 2027 - 5:00 AM to 7:00 AM PDT
Tue, Jun 15, 2027 - 5:00 AM to 7:00 AM PDT
Thu, Jun 24, 2027 - 5:00 AM to 7:00 AM PDT

Additional Info

Basic Course Information

Prerequisites None
Advanced 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 Policy

Please 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

Reviews

5
4
3
2
1

Overall:      4.8

Total Reviews: 29

Comments

Tammy G

"Thank you."

Katherine B - Stuart, Florida

"Thank you."

Gregory P

"John always does a great job presenting. "