Dramatically improve inventory accuracy with bestselling author
Steven Bragg's step-by-step guidelines
Inventory Accounting is a comprehensive, step-by-step guide to
setting up an inventory accounting system and keeping it running at
maximum efficiency. This hands-on book provides accounting
professionals with essential information on how to:
* Set up an accounting system that efficiently handles accumulating
inventory costs, summarizing accounts, and standard journal entries
used to record transactions
* Use best practices to increase the efficiency of
inventory-tracking and costing functions
* Install unique controls to combat inventory fraud
* Implement a step-by-step checklist of activities for inventory
counting procedures
* Save hours of valuable time researching various GAAP reference
manuals
* Adapt inventory tracking and costing systems to accommodate a
variety of manufacturing systems
Spanning the entire spectrum of inventory accounting, Inventory
Accounting deftly explores every facet of the field to help
professionals eliminate inaccuracies from their inventory
accounting systems.
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