Lecture

Accounting Basics: Inventory and Cost Management

Related lectures (32)

Activity-Based Costing: Benefits and Implementation

Introduces Activity-Based Costing, a method for accurate product cost allocation and decision-making in financial and managerial accounting.

Financial Analysis: Ratios and Comparisons

Explores financial analysis methods, emphasizing the importance of ratio comparisons and trend evaluations in assessing company performance.

Financial Statements: Cash Flow and Balance Sheet Analysis

Covers the preparation and analysis of financial statements, focusing on cash flows and balance sheets.

Financial Accounting: The Balance Sheet

Covers financial accounting basics, focusing on the balance sheet and how business transactions affect financial statements.

Annual Closing 2022: Accounting Overview

Covers the annual closing procedures at EPFL for 2022, including presentations, financial documentation, inventory control, and transaction deadlines.

Budgeting Process

Covers management control tools, budgets, variances analysis, production budget, material purchases, cash payments, and comprehensive cash budget.

Markov Chains Decomposition

Covers Markov chains decomposition, LLN proof, Inventory Model application, and average costs.

Material Flow Cost Accounting: Analysis & Applications

Covers Material Flow Cost Accounting methodology, cost allocation, and applications in industry and social sciences.

Cash Flow Statement: Understanding Financial Flows

Explains the significance of cash flow statements and how profit differs from cash.

Annual Financial Closing 2019: Accounting and Consolidation

Covers the annual financial closing procedures for the year 2019 at EPFL, focusing on accounting principles, consolidation scopes, fund balancing, and deadlines.

Financial Statements Articulation

Explains the relationship between financial statements and the categorization of cash flows into different activities, highlighting that profit does not always equal cash.

Inventory Control: Basics and Models

Explores inventory control basics, models, and cost calculations, emphasizing the impact of demand uncertainty and the trade-offs in inventory management.