Are you satisfied with the financial information being derived from your cost accounting system? Do you feel your organization is effectively managing inventory?For many companies in the manufacturing and distribution industry, inventory is the largest asset on the balance sheet.
However, management often struggles to implement internal controls and processes that would enable management to effectively monitor inventory levels and value inventory on hand. This topic will help you learn how to evaluate the processes and controls surrounding inventory and implement best practices for both valuing and measuring your inventory.
Agenda
Faculty
Michael Macera, CPA
Citrin Cooperman
Michael Maceria, CPA is an audit senior at Citrin Cooperman.
George Guzman
Citrin Cooperman
- Audit director in the Citrin Cooperman White Plains office
- More than fourteen years of experience providing audit and assurance services for clients in various industries
- Has extensive audit experience in the following practice areas: manufacturing/distribution, financial services and employee benefit plans
- Clients range from privately held middle-market firms to larger, complex, multi-national organizations
- Works closely with his clients to meet their financial reporting needs and to ensure compliance with financial reporting requirements
- Member of various firm practice committees, including financial services and employee benefit plans, where he trains staff on various technical issues
- B.S. degree in accounting, Iona College
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