Accounting Basics: Inventory and Cost Management

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Related lectures (32)

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Inventory Cost Flows: Methods and Principles

Explains inventory cost flows, manufacturing vs. merchandising activities, and cost accounting principles.

Accounting Fundamentals

Covers the basics of accounting, focusing on ledgers, debit and credit entries, rules, transactions, and inventory management.

Accounting Basics: Debits, Credits, and Ledger

Introduces accounting basics such as the ledger, T-accounts, and debit/credit entries for recording transactions in businesses.

Accounting Basics: Manufacturing Operations

Introduces accounting for manufacturing operations, covering product costs, financial statements, depreciation, provision, and adjusting entries.

Financial Accounting Basics

Covers the basics of financial accounting, including the accounting process, types of information, and financial statements.

Financial Accounting Basics

Covers the basics of financial accounting, including the accounting process and types of financial information.

Sources of Capital & Financial Modelling

Covers the importance of financial data for startups and sources of capital.

Financial Accounting Basics

Covers financial and managerial accounting basics, including the accounting process, types of information, reporting, and financial statements.

The Accounting Equation: Assets = Liabilities + Owners' Equity

Explains the accounting equation: assets equal liabilities plus owners' equity, using practical examples from JJ's Lawn Care Service.

Financial Year End Closing: Procedures and Guidelines

Delves into the annual financial year end closing process at EPFL, emphasizing the importance of accurate financial reporting and timely validation of invoices.