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Live Webcast Replay

Understanding Inventory Accounting: GAAP, Software and Variance Recognition Basics

Total Credits: 2 including 2 Accounting - Technical

Average Rating:
ACPEN Industry Institute |  Accounting and Auditing |  Industry
John L. Daly
Course Levels:
2 Hours
Access for 30 day(s) after program date.


Need to strengthen your inventory accounting skills? This webcast will help you get there quickly! The session focuses on the basics: inventory GAAP, inventory software, and methods for dealing with variances. Join inventory accounting veteran John L. Daly for this informative session. 

Basic Course Information

Learning Objectives

*Understand the basics of these inventory issues:  

- GAAP  

- Software  

- Variance recognition

Major Subjects

*Understand Inventory Accounting

- U.S. GAAP and International Accounting Standards for Inventory

- The organization and working of inventory software

- Types of variances and how software recognizes them 

Course Materials


John L. Daly's Profile

John L. Daly Related seminars and products: 39


John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development.  He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal.  John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer.  He is the author of "Pricing for Profitability", published by Wiley and Sons.


Thu, Oct 31, 2019 - 11:00a to 01:00p CDT
Thu, Nov 07, 2019 - 07:00a to 09:00a CST
Thu, Nov 14, 2019 - 04:00p to 06:00p CST
Fri, Dec 06, 2019 - 07:00a to 09:00a CST
Tue, Dec 17, 2019 - 07:00a to 09:00a CST
Tue, Dec 31, 2019 - 01:00p to 03:00p CST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Controllers, management accountants, CPAs, IT professionals and anyone dealing with inventory software
Original Recording Date 02/21/2017
Yellow Book No
Course Developer Executive Education, Inc.
Date Added to Catalog 12/27/2016

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints., (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. 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:

Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.



Overall:      4.4

Total Reviews: 126


Elizabeth D

"Very interesting!"

Pandora O - Clinton Township, Michigan

"Great examples, compare and contrast for GAAP and IFRS. Your webcast technology is my favorite!"

Elizabeth S

"John Daly is an excellent instructor, with a lot of knowledge. Very good seminar."

Mary C

"great class!"

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