Enroll Course: https://www.udemy.com/course/inventory/
If you’re seeking to master inventory accounting with a practical and straightforward approach, then the ‘Inventory’ course on Udemy is an exceptional choice. Designed to simplify the complex techniques of inventory management and accounting, this course covers essential concepts and provides illustrative examples to enhance understanding. Whether you’re a recent graduate or an experienced accountant, you’ll find valuable insights into the role of inventory in financial statements, the types of inventories in different types of companies, and detailed procedures for recording and evaluating inventory transactions. The course addresses critical topics such as the treatment of inventory purchases, sales, cost determination, and inventory evaluation methods like cost or market value. It also guides you through journal entries for periodic and perpetual inventory systems, assessing inventory shortages, and accurately calculating the cost of goods sold. With clear explanations of how to use inventory cards and identify discrepancies, this course equips learners with the practical skills needed for effective inventory management and accounting. Overall, I highly recommend this course for anyone looking to deepen their understanding of inventory accounting and improve their professional competence.
Enroll Course: https://www.udemy.com/course/inventory/