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Inventory Accounting

A Comprehensive Guide

By: Steven M. Bragg

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Hardcover | 4 February 2005 | Edition Number 1

At a Glance

Hardcover
256 Pages

Dimensions(cm)
23.7 x 16.1 x 2.41

Hardcover

RRP $218.85

$218.75

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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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