GAAP vs. IFRS: Key Differences in Inventory Accounting

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...
Houston Chronicle

Perpetual Inventory System & Definition

Businesses may use two systems to maintain inventory records: perpetual and periodic. Now that computing systems that tie inventory and sales records together are widely available, most companies use ...
Houston Chronicle

Inventory & Accounting

How to Account for the Allowance of Excess & Obsolete Inventory. Inventory management can be a tricky part of owning a business, and eventually everyone makes a mistake and miscalculates customer ...
Investopedia

Inventory Management: Definition, How It Works, Methods & Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...