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The inventory asset is difficult to track and assign a cost to, and so represents a significant source of financial statement errors. Accounting for Inventory presents every issue that the accountant needs to create and maintain a comprehensive system of inventory accounting. Topics covered include inventory counting systems, cost layering, standard costing, overhead allocation, the lower of cost or market rule, disclosures, transfer pricing, budgeting, measurements, and much more.
- Sales Rank: #289564 in Books
- Published on: 2015-11-02
- Original language: English
- Number of items: 1
- Dimensions: 10.00" h x .57" w x 7.00" l, .98 pounds
- Binding: Paperback
- 252 pages
About the Author
Steven Bragg, CPA, is one of the top-selling and most prolific accounting authors in the world. He is the author of more than 90 business books and courses, including Lean Accounting, Closing the Books, and The New Controller Guidebook. He has been the CFO or controller of both public and private companies, and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Great book for procedures
By Cheryl B.
This is a good book for procedures. I needed more detail on the account level. The concept explanations are great, just need the account level detail to further explain the actual accounting of the concept and how it is handled in the books.
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