The Controller Function - Inventory Part 2 - Valuation, Inventory Methods and Inventory Fraud
Total Credits: 1.5 including 1.5 Auditing- Technical
- Average Rating:
- 8
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | Personal Development
- Faculty:
- Lynn Fountain
- Course Levels:
- Basic
- Duration:
- 1.5 Hours
- License:
- Expires 30 day(s) after program date.
Description
This course is one of the courses dedicated to our Controllership Series. This series of courses is dedicated to exploring the traditional controller role and stepping out of the box to identify areas where the controller can continue to add strategic value to their organizations. Within this segment of our controllership series, we continue our discussion on inventory from segment one. This specific segment focuses on areas of inventory valuation, the types of physical inventory methods, and inventory fraud. These areas are critical for the controller to have a strong comprehension of and also participate in the development of policies and procedures.
Basic Course Information
Learning Objectives- Explore and examine inventory valuation
- Identify methods for inventory tracking and physical inventory procedures
- Discover and discuss fraud inventory controls
Major Subjects
- Accounting
- Finance
- Procurement
- Inventory
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| The Controller Function - Inventory Part 2 Handout (2.1 MB) | Available after Purchase | ||
| The Controller Function - Inventory Part 2 Terms (15.4 KB) | Available after Purchase | ||
Faculty
Lynn Fountain Related Seminars and Products
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
Dates
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Wed, May 21, 2025 - 10:00am to 11:22am AKDT
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Tue, Jun 03, 2025 - 11:00am to 12:22pm AKDT
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Wed, Jun 18, 2025 - 12:00pm to 01:22pm AKDT
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Tue, Jul 01, 2025 - 11:00am to 12:22pm AKDT
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Wed, Jul 16, 2025 - 01:00pm to 02:22pm AKDT
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Thu, Aug 07, 2025 - 05:00am to 06:22am AKDT
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Thu, Aug 14, 2025 - 03:00pm to 04:22pm AKDT
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Fri, Aug 29, 2025 - 07:00am to 08:22am AKDT
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Sat, Sep 06, 2025 - 09:00am to 10:22am AKDT
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Wed, Sep 17, 2025 - 11:00am to 12:22pm AKDT
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Fri, Oct 10, 2025 - 01:00pm to 02:22pm AKDT
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Wed, Oct 22, 2025 - 05:00am to 06:22am AKDT
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Fri, Nov 07, 2025 - 07:00am to 08:22am AKST
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Sat, Nov 22, 2025 - 09:00am to 10:22am AKST
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Mon, Dec 08, 2025 - 11:00am to 12:22pm AKST
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Tue, Dec 16, 2025 - 01:00pm to 02:22pm AKST
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Mon, Dec 29, 2025 - 05:00am to 06:22am AKST
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Fri, Jan 09, 2026 - 07:00am to 08:22am AKST
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Tue, Jan 20, 2026 - 03:00pm to 04:22pm AKST
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Fri, Jan 23, 2026 - 09:00am to 10:22am AKST
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Mon, Feb 02, 2026 - 11:00am to 12:22pm AKST
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Thu, Feb 19, 2026 - 01:00pm to 02:22pm AKST
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Wed, Mar 04, 2026 - 05:00am to 06:22am AKST
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Mon, Mar 16, 2026 - 07:00am to 08:22am AKDT
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Thu, Apr 09, 2026 - 09:00am to 10:22am AKDT
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Wed, Apr 29, 2026 - 11:00am to 12:22pm AKDT
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Wed, May 06, 2026 - 01:00pm to 02:22pm AKDT
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Fri, May 15, 2026 - 05:00am to 06:22am AKDT
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Tue, Jun 02, 2026 - 07:00am to 08:22am AKDT
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Tue, Jun 16, 2026 - 09:00am to 10:22am AKDT
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Sat, Jun 27, 2026 - 11:00am to 12:22pm AKDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Controllers, Accountants, CFO, Finance Professionals, Operational Professionals, Auditors
Original Recording Date 01/01/2024
Course Developer Lynn Fountain
Date Added to Catalog 02/05/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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