Accounting For Inventory(3rd Edition)

Authors:

Steven M. Bragg

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 2 Left

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Book details

ISBN: 1642210145, 9781642210149

Book publisher: AccountingTools, Inc

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Book Price $0 : In 'Accounting for Inventory', Steven M. Bragg delivers a comprehensive exploration of inventory management from an accounting perspective, crucial for businesses aiming to optimize their financial recording strategies. This third edition refines its approach, integrating updated practices and contemporary guidelines essential for accountants and financial managers. The book serves as both a foundational text and a practical guide, enhancing the reader's understanding of inventory systems, cost flow assumptions, and valuation. Bragg delves deeply into topics such as perpetual and periodic inventory systems, FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and average costing methods, providing clarity on complex processes. Through the inclusion of a detailed solution manual, the book became a vital resource for accounting professionals seeking an answer key to practical scenarios encountered in the industry. For those building or refining their inventory management framework, the book's extensive table of content serves as a roadmap, guiding readers through each critical aspect of inventory accounting. Not only is it a learning tool, but 'Accounting for Inventory' also acts as a practical reference guide, widely recommended for its actionable insights and the alignment of theoretical accounting principles with real-world application. Bragg's meticulous approach ensures that readers, whether students or seasoned professionals, gain a thorough grasp of inventory dynamics that influence financial outcomes. A cheap, effective way to complement traditional learning methods, this book is recommended widely.

Customer Reviews

Trusted feedback from verified buyers

MW
Michael Walsh
5.0
This book is superb for anyone diving deep into inventory accounting. The third edition offers not just theoretical insights but also real-life scenarios, making the process engaging and applicable. The chapters are structured thoughtfully, explaining complex concepts in a manner that even a beginner can grasp. Additionally, my purchase via the membership program granted me a discount, which was a pleasant surprise! Delivery was prompt, and the book arrived well-packaged. Highly recommended for both students and professionals in the field.