محاسبة المخزون السلعي : للمحاسبين

This course simplifies inventory accounting techniques, providing a comprehensive understanding of handling all inventory issues with clear, illustrative examples. It covers essential concepts for anyone working in inventory accounting, whether a recent graduate or an experienced professional. Mastering the complete inventory cycle is crucial, and this course delivers.

Key topics include:

• Inventory's Role in the Income Statement: Understand how inventory impacts your profit margins and gross profit.
• Inventory Management Objectives: Learn the importance of careful inventory control.
• Inventory Location in Chart of Accounts: Clarification on where to categorize inventory within your accounting system.
• Types of Warehouses: Distinguish between warehouse structures in both trading companies and manufacturing companies.
• Defining Inventory: A precise explanation of what constitutes inventory, differentiating between items that are and are not considered inventory.
• Recording Purchases & Sales: Detailed explanations of recording purchased goods and goods sold (disposed of from inventory).
• Cost of Goods Purchased vs. Cost of Goods Sold: A clear distinction between these two critical calculations.
• Journal Entries for Continuous & Periodic Inventory: Learn the necessary daily journal entries for both continuous inventory tracking and periodic inventory systems.
• Accounting for Purchases: Specific accounting treatments for purchases under both continuous inventory and periodic inventory methods.
• Year-End Inventory Valuation: Step-by-step instructions for valuing ending inventory.
• Calculating Cost of Goods Sold (COGS): A complete guide to determining your Cost of Goods Sold.
• Cost vs. Market Value: Understanding and applying the lower of cost or market principle.
• Accounting for Lower of Cost or Market: Detailed accounting treatments for the lower of cost or market method.
• Item Master (Card): Learn how to use the item master for accurate inventory recording and retrieving inventory balances.
• Inventory Shortages: How to identify and account for inventory shortages.
• Accounting for Inventory Shortages: The correct accounting treatment for inventory shortages.

This course provides practical steps and examples to ensure a solid grasp of inventory management and accounting.