Inventory
This video teaches you all about accounting for inventory: the things companies sell, the raw materials and parts they use to make those things, and the work that goes into making them.
It also documents a way that companies sometimes use inventory to manipulate their earnings. Never assume that a company's financial statements are unbiased.
00:00 Inventory
00:00 Introduction
00:30 Definitions
03:39 Inventory Measurement
08:42 Non-inventory Costs
10:24 Inventory Cost Flows
14:41 Examples
17:50 Inventory Control
20:41 Earnings Manipulation
26:40 Summary
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Musicbed: "Money, Money, Money" by Michael McEachern (MB01N8U3AHKLGZG)