Mastering Your First Inventory Count: Comprehensive Training for Junior Staff Members
This course is designed to prepare junior staff members for their first inventory count by providing a clear, step-by-step overview of the process. Through interactive scenarios, you'll learn why inventory counts are essential to the audit process, how to properly plan for them, and what to expect during the count itself. The course emphasizes best practices for preparation and communication, ensuring you feel confident and capable on-site.
You'll also explore how to handle common issues that may arise, understand the significance of cut-off procedures, and learn how to document findings effectively. By the end of the course, you'll be able to form appropriate conclusions and contribute to audit quality in a meaningful way. This practical training is led by Jennifer McCann, CPA, CA.
1 activity • 30 videos • duration: 46m
Educators
These individuals blend their diverse talents to create the kind of professional development experience that focuses on the right issues, accelerates knowledge transfer, turns understanding into practical actions and delivers sustained performance improvement. This team shares a common passion for creating the kind of learning environment that enables relevance, timeliness and the kind of application that leads to meaningful and lasting value.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
I like the interactive format.
This course was very interesting with real inventory count issues.
Useful tips to remember when attending counts - especially the use of professional skepticism and asking relevant questions.
Good course. Lost 1 star because the video entitled "Additional Resources" states that 3 questions out of 5 must be answered correctly in order to complete the course and obtain your credits. It was very confusing and frustrating since there was no "assessment section" with questions and the course would not show as 100% complete until you downloaded the certificate. Dumb and misleading video.
