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What's New at CFI | Accounting for Inventory

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Manage episode 466202120 series 3571364
Content provided by Anna Talerico and Corporate Finance Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anna Talerico and Corporate Finance Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of What’s New at CFI, Ryan is joined by Jeff Schmidt to introduce CFI’s latest course, Accounting for Inventory. They discuss the importance of inventory accounting across industries, covering key methods such as Weighted Average, FIFO (First In, First Out), and LIFO (Last In, First Out).

Jeff explains how different inventory accounting choices impact financial statements, profitability, and tax obligations—especially for U.S. companies under GAAP versus those following IFRS. The course dives into critical skills for financial analysts, including understanding LIFO disclosures and adjusting financial statements for global comparisons. Whether you're new to inventory accounting or refining your expertise, this course provides essential knowledge to navigate complex financial reporting. Watch now to learn more!

  continue reading

127 episodes

Artwork
iconShare
 
Manage episode 466202120 series 3571364
Content provided by Anna Talerico and Corporate Finance Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anna Talerico and Corporate Finance Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of What’s New at CFI, Ryan is joined by Jeff Schmidt to introduce CFI’s latest course, Accounting for Inventory. They discuss the importance of inventory accounting across industries, covering key methods such as Weighted Average, FIFO (First In, First Out), and LIFO (Last In, First Out).

Jeff explains how different inventory accounting choices impact financial statements, profitability, and tax obligations—especially for U.S. companies under GAAP versus those following IFRS. The course dives into critical skills for financial analysts, including understanding LIFO disclosures and adjusting financial statements for global comparisons. Whether you're new to inventory accounting or refining your expertise, this course provides essential knowledge to navigate complex financial reporting. Watch now to learn more!

  continue reading

127 episodes

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