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Many entities have inventory on their books. The types of inventory can range from simple resale of goods purchased to more complex inventories that use process costing. This module will discuss accounting for and auditing less complex inventories and provide an overview of issues associated with auditing more complex inventories. Inventory observations were covered in an earlier module. (Please Note: This module is part of Surgent's Audit Skills Training: Level 3.)
Accounting and auditing practitioners at all levels desiring to develop a detailed understanding of inventory accounting. Prerequisite
Experience in accounting Advance Preparation
None IRS Approved
No CFP Approved
No YellowBook Approved
No
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