Webinar Details
Course Description

Under U.S. GAAP, ASC 330 sets forth the principal guidance for reporting inventory costs. This webinar will walk through the key principals within the ASC 330 standard that cover the initial  costing and subsequent measurement and reporting of inventory. This webinar will include sections on the concept of full absorption costing, inventory valuation methods including FIFO, LIFO, and weighted average as well as subsequent considerations around inventory adjustments. 

Learning Objectives
  • Identify key concepts around the initial measurement of inventory.
  • Recognize how to apply the full absorption costing approach.
  • Discover the different inventory valuation methods and subsequent measurement concepts.
Prerequisites
  • None
Who Should Attend

CPAs, accounting/finance professionals who work with inventory. 

Advanced Preparation

None

Presenter Details
  • Matthew Briggson
    • Co-Founder

    Matthew Briggson is a certified public accountant in the State of Michigan and a co-founder of Encoursa LLC, a technology company offering continuing professional education courses to CPAs and other financial professionals. Before founding Encoursa, Matthew spent time in public accounting at PricewaterhouseCoopers LLP in the Assurance Practice.

NASBA Sponsor
  • National Registry of CPE Sponsors for the QAS self-study delivery method
    Encoursa 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: NASBAregistry.org.
Date & Time
Friday, May 31, 2024

12:00 PM EDT (see additional timezones)

CPE
  • Webinars: CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes.

    Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.

    For specific instructions on accessing your CPE, please see our FAQ section on our support page.

  • Multiple Attendees on Webinars: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.

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