In this course, we will discuss the various methods for valuing inventory, namely, LIFO, FIFO and weighted average cost method. The measurement of inventory cost is important because it is one of the largest current assets in most firms and is also a crucial factor for determining the gross profits of the firm. We will also learn about how each inventory measurement method affects a firm’s financial ratios.

Inventory Analysis

Lessons

Inventory - Introduction

Costs Included in Inventory

Inventory Valuation Methods

Inventory Accounting Analysis and Inflation/Deflation

Perpetual Vs. Periodic Inventory Systems

Impact of Inventory Valuation Methods

Inventory at Net Realizable Value

Disclosures Relating to Inventories

Impacts of LIFO and FIFO Inventory Methods on Selected Financial Ratios

Resources

Inventories

Quizzes

Inventories

Inventory Analysis

Lessons

Inventory - Introduction

Costs Included in Inventory

Inventory Valuation Methods

Inventory Accounting Analysis and Inflation/Deflation

Perpetual Vs. Periodic Inventory Systems

Impact of Inventory Valuation Methods

Inventory at Net Realizable Value

Disclosures Relating to Inventories

Impacts of LIFO and FIFO Inventory Methods on Selected Financial Ratios

Resources

Inventories

Quizzes

Inventories