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Inventory Accounting: A Comprehensive Guide is a practical resource for accounting professionals seeking to establish and maintain effective inventory accounting systems. Authored by Steven M. Bragg, the book provides step-by-step guidelines for setting up inventory accounting systems, implementing best practices for inventory tracking and costing, and applying various inventory valuation methods. Topics covered include: Setting up accounting systems for inventory transactions Implementing controls to combat inventory fraud Conducting physical inventory counts and cycle counts Applying cost layering methods such as FIFO, LIFO, and weighted average Understanding the lower of cost or market rule Allocating overhead costs to inventory Managing obsolete inventory Complying with GAAP reference manuals This comprehensive guide is designed to help professionals improve inventory accuracy and efficiency in their organizations.

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245: $a: Inventory Accounting
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100: $a: Steven M. Bragg
650: $a: Accounting
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250: $b: Wiley (John Wiley & Sons Inc)
250: $c: 2005
020: $a: 9780471356424
300: $a: 252