Unlocking the Essentials of IAS 2: Navigating Current Standards and Trends in Inventories 3

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Course curriculum

1. PRC Rules, Time Zone and Other Reminders
2. Steps for Online Submission of Self-Directed Learning CPD Training Certificates to the PRC-CPDAS
1. Introduction
2. Program of Activities, Description, Learning Objectives and Outcomes
3. Learning Outcomes
4. Course Outline
1. Pretest
1. Practical Application and Examples
2. Manufacturing
3. Food and Beverage
1. Scenario 1: Inventory in Construction Contracts
2. Scenario 2: Inventory with Multi-Location Operations
3. Scenario 3: Seasonal Inventory Challenges
4. Ethical Challenges in Inventory Accounting and Pressure to Overstate Inventory
5. Balancing Profit and Transparency
1. Case Study 1: Efficient Inventory Management in E-Commerce
2. Case Study 2: A Global Retailer’s Misstep
3. Case Study 3: Agricultural Innovation
4. Key Takeaways
1. Why Reconciliation Matters
2. Steps in the Reconciliation Process
3. Example: Reconciliation in Retail
1. Pharmaceutical Industry
2. Aviation Industry
3. Hospitality Industry
1. Advanced Concepts: Inventory Audits
2. Steps in an Inventory Audit
3. Case Study 1: A Retailer’s Audit Saves the Day
4. Case Study 2: An Airline’s Obsolete Inventory
1. Course Summary
1. Post-test
1. Evaluation Form - Unlocking the Essentials of IAS 2: Navigating Current Standards and Trends in Inventories 3

About this course

$2.84
32 lessons

Instructor

Aaron James Jarin, CPA, CTT

Lecturer

Aaron James Jarin is a dynamic educator and accomplished professional with a proven track record of excellence in teaching and private industry. As a dedicated instructor armed with a solid academic foundation and experience in management and financial accounting, Aaron is committed to creating engaging, impactful learning environments that empower students to excel academically and professionally. His teaching methodologies are rooted in innovation, practicality, and a genuine passion for student success. Aaron teaches Accountancy at the National University in Clark and works as Accounting Head for a tech company. With his lectures, Aaron continues to inspire learners with his dedication to lifelong education, professional development, and excellence in the Accountancy profession.

Discover your potential, starting today

Master the essentials of IAS 2: Inventories in this engaging lecture designed to enhance your financial reporting acumen. Through practical examples and industry insights, you'll learn how to recognize, measure, and disclose inventories accurately, ensuring compliance and promoting ethical standards. Gain actionable knowledge to optimize inventory management and support sound business decision-making in today's dynamic economic landscape.

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