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Dramatically improve inventory accuracy with bestselling author Steven Bragg's step-by-step guidelines Inventory Accounting is a comprehensive, step-by-step guide to setting up an inventory accounting system and keeping it running at maximum efficiency. This hands-on book provides accounting professionals with essential information on how to: Set up an accounting system that efficiently handles accumulating inventory costs, summarizing accounts, and standard journal entries used to record transactions Use best practices to increase the efficiency of inventory-tracking and costing functions Install unique controls to combat inventory fraud Implement a step-by-step checklist of activities for inventory counting procedures Save hours of valuable time researching various GAAP reference manuals Adapt inventory tracking and costing systems to accommodate a variety of manufacturing systems Spanning the entire spectrum of inventory accounting, Inventory Accounting deftly explores every facet of the field to help professionals eliminate inaccuracies from their inventory accounting systems.

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Book Details

ISBN: 9780471356424
ISBN-10: 0471356425
Format: Hardback
(241mm x 165mm x 20mm)
Pages: 244
Imprint: John Wiley & Sons Inc
Publisher: John Wiley and Sons Ltd
Publish Date: 22-Mar-2005
Country of Publication: United States

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Author Biography - Steven M. Bragg

Steven M. Bragg, CPA, CMA, CIA, CPIM, has been the CFO or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche. He received a master's degree from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from The University of Maine. Mr. Bragg resides in Centennial, Colorado. He has written twenty books, including Accounting Best Practices, Accounting Reference Desktop, and Controllership: The Work of the Managerial Accountant, all published by Wiley.

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