Global Learning for Operational Leaders
Introduction
Course overview
Inventory is often one of the largest assets on the balance sheet and one of the most judgement-heavy areas in financial reporting. Errors in costing, cut-off, counting or write-downs can distort profit, mislead decision makers and attract audit adjustments.
This Inventory Accounting and Valuation training course provides a thorough understanding of how inventory should be measured, recorded and controlled. Participants learn which costs to include, how to apply cost formulas, how to allocate production overheads, and how to assess net realisable value, obsolescence and slow-moving stock.
The course also covers stock counts, reconciliations, cut-off procedures, inventory controls and the relationship between inventory accounting and operational decisions, helping finance and operations teams work together to keep inventory figures reliable.