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Executive Education Series Webinar
Webinar: The International Guide for Inventory Accounting - Implementing IAS 2 Inventories

Accounting for inventory can be complicated, particularly when determining the cost to be recognized as an asset and carried forward until the related revenues are recognized. IAS 2 Inventories prescribes guidance for how companies subject to International Financial Reporting Standards (IFRS) can navigate cost determination and revenue recognition for inventory assets. In this webinar, we will provide an overview of IAS 2 Inventories and its inventory accounting requirements.

Learning Objectives

Topics to be covered during the course include:

  • How to determine inventory cost and its subsequent recognition as an expense, including any write-down to net realizable value
  • What cost formulas are used to assign costs to inventories
  • The difference between IFRS and U.S. Generally Accepted Accounting Principles (GAAP)
Marco Pulido

Marco PulidoMarco Pulido, CPA
Marco is a CPA certified in California and has IFRS certification by both the Institute of Chartered Accountants in England and Wales (ICAEW) and the AICPA. He has over 14 years of experience in public accounting, having worked for a Big Four firm domestically and internationally. Marco has assisted large, multinational companies with technical accounting guidance, U.S. GAAP, IFRS, and other foreign GAAPs, for SEC filers (foreign and domestic), as well as private companies. He has worked with many clients in oil and gas; manufacturing, retail and distribution; transportation; consumer services; utilities; construction; real estate and agriculture.

Questions?

Contact us at cbizmhmwebinars@cbiz.com. You can also follow the discussion using the hashtag #CBIZMHMwebinar on Twitter.

Disclaimer

*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit.

For more information regarding complaint and program cancellation policies, please contact our offices at (216) 447-9000.

CPE Sponsor LogoAll webinars are produced using the LearnLive platform. LearnLive is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Archived Recording

Original Air Date:
September 24, 2015

View Recording

Additional Details

Cost: No fee required.

CPE: Eligible for 1 CPE credit in Accounting*

Prerequisites: None

Who Should Attend? CFOs, controllers and other financial executives

Advanced Preparation: None

Program Level: Basic/Intermediate

Delivery Method: Group Internet-based

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