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Materials Accounting Course

Materials Accounting Course
flexible workload from 4 to 360h
valid certificate in your country

What will I learn?

The Materials Accounting Course gives you practical skills to control inventory in a perpetual system, from raw materials to finished goods. Learn stock cards, weighted average costing, material consumption, scrap treatment, and month-end entries. Build confidence handling variances, reconciliations, and clear inventory reports that support accurate, reliable financial information and better operational decisions.

Elevify advantages

Develop skills

  • Apply weighted average costing: price material issues fast and accurately.
  • Build and reconcile stock cards: track receipts, issues, returns, and scrap.
  • Post inventory journals: purchases, consumption, variances, and month-end close.
  • Analyze stock variances: compare theoretical vs physical and explain gaps.
  • Account for scrap and offcuts: record sales, gains, and material cost reductions.

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.
Workload: between 4 and 360 hours

What our students say

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EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company I work for.
SilviaNurse
Very great course. Lots of valuable information.
WiltonCivil Firefighter

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