Inventory Accounting Operations Course
Master inventory accounting operations through practical training in FIFO, COGS, VAT handling, reconciliations, and stock controls. Gain skills to analyse KPIs, prevent errors and fraud, and generate accurate, audit-ready inventory reports for better organisational decisions.
from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course equips you with practical skills to value inventory using FIFO, maintain accurate perpetual records, and manage returns and discrepancies confidently. You will learn to record VAT-inclusive entries, compute unit costs and COGS precisely, conduct efficient stock counts, enhance internal controls, and produce clear month-end reports that boost inventory efficiency and support informed decision-making.
Elevify advantages
Develop skills
- Inventory KPIs and reporting: track turnover, margins, and days on hand quickly.
- Perpetual FIFO mastery: build stock cards, layers, and accurate COGS swiftly.
- VAT-ready inventory entries: post purchases, sales, returns, and stock losses.
- Stock control procedures: run counts, reconcile ledgers, and fix variances fast.
- Fraud-safe documentation: verify invoices, delivery notes, and returns securely.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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