Accounting for Inventory Additional Issues

Accounting for Inventory III

Total Running Time: 18:20

Cost of Goods Sold (COGS), cost of inventory, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Last In First Out (LIFO)

Accounting for Inventory III

Accounting for Inventory IV

Total Running Time: 20:11

change in inventory, cost of inventory, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), inventory errors, LMC, lower of cost or market, value

Accounting for Inventory IV

Accounting for Inventory LIFO

Total Running Time: 18:20

Cost of Goods Sold (COGS), cost of inventory, Last In First Out (LIFO)

Accounting for Inventory LIFO

Accounting for Inventory – FIFO WAVG

Total Running Time: 17:31

First In First Out (FIFO), inventory cost flow assumptions, Last In First Out (LIFO), specific identification, Weighted Average (WAVG)

Accounting for Inventory – FIFO WAVG

Dollar Value LIFO

Total Running Time: 11:38

Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Last In First Out (LIFO)

Dollar Value LIFO

Dollar Value LIFO

Total Running Time: 11:33

Last In First Out (LIFO)

Dollar Value LIFO

Entries for Change in Accounting Principle vs. Estimate

Total Running Time: 24:46

completed contract, entry for estimate change, financial statement, First In First Out (FIFO), Generally Accepted Accounting Principles (GAAP), Last In First Out (LIFO), percent completion, principle change

Entries for Change in Accounting Principle vs. Estimate