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Live Webcast Replay

Inventory Accounting GAAP, Software and Recognizing Variances


Total Credits: 2 including 2 Accounting - Technical

Average Rating:
   15
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
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


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

Fri, Jun 13, 2025 - 11:00 AM to 1:00 PM EDT
Thu, Jun 26, 2025 - 1:00 PM to 3:00 PM EDT
Sat, Jun 28, 2025 - 10:00 AM to 12:00 PM EDT
Thu, Jul 17, 2025 - 9:00 AM to 11:00 AM EDT
Thu, Jul 24, 2025 - 9:00 AM to 11:00 AM EDT
Tue, Jul 29, 2025 - 6:00 PM to 8:00 PM EDT
Wed, Jul 30, 2025 - 9:00 AM to 11:00 AM EDT
Tue, Aug 12, 2025 - 9:00 AM to 11:00 AM EDT
Wed, Aug 20, 2025 - 9:00 AM to 11:00 AM EDT
Sat, Aug 23, 2025 - 9:00 AM to 11:00 AM EDT
Thu, Aug 28, 2025 - 9:00 AM to 11:00 AM EDT
Wed, Sep 17, 2025 - 9:00 AM to 11:00 AM EDT
Tue, Sep 23, 2025 - 9:00 AM to 11:00 AM EDT
Thu, Sep 25, 2025 - 6:00 PM to 8:00 PM EDT
Mon, Sep 29, 2025 - 9:00 AM to 11:00 AM EDT
Thu, Oct 16, 2025 - 9:00 AM to 11:00 AM EDT
Fri, Oct 24, 2025 - 9:00 AM to 11:00 AM EDT
Tue, Oct 28, 2025 - 9:00 AM to 11:00 AM EDT
Thu, Oct 30, 2025 - 6:00 PM to 8:00 PM EDT
Mon, Nov 10, 2025 - 9:00 AM to 11:00 AM EST
Tue, Nov 18, 2025 - 9:00 AM to 11:00 AM EST
Fri, Nov 21, 2025 - 9:00 AM to 11:00 AM EST
Tue, Nov 25, 2025 - 9:00 AM to 11:00 AM EST
Thu, Dec 11, 2025 - 9:00 AM to 11:00 AM EST
Sat, Dec 20, 2025 - 9:00 AM to 11:00 AM EST
Mon, Dec 29, 2025 - 9:00 AM to 11:00 AM EST
Tue, Dec 30, 2025 - 6:00 PM to 8:00 PM EST
Mon, Jan 19, 2026 - 2:00 PM to 4:00 PM EST
Tue, Jan 27, 2026 - 10:00 AM to 12:00 PM EST
Mon, Feb 16, 2026 - 11:00 AM to 1:00 PM EST
Wed, Feb 25, 2026 - 12:00 PM to 2:00 PM EST
Tue, Mar 17, 2026 - 2:00 PM to 4:00 PM EDT
Tue, Mar 31, 2026 - 10:00 AM to 12:00 PM EDT
Fri, Apr 10, 2026 - 11:00 AM to 1:00 PM EDT
Wed, Apr 22, 2026 - 12:00 PM to 2:00 PM EDT
Fri, May 15, 2026 - 2:00 PM to 4:00 PM EDT
Wed, May 20, 2026 - 10:00 AM to 12:00 PM EDT
Thu, Jun 11, 2026 - 11:00 AM to 1:00 PM EDT
Fri, Jun 19, 2026 - 12:00 PM to 2:00 PM EDT

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
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2
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Overall:      4.7

Total Reviews: 15

Comments

Gregory P

"John always does a great job presenting. "