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Courses/Accounting & Tax/Management Accounting

Attending Inventory Count

Mastering Your First Inventory Count: Comprehensive Training for Junior Staff Members

Created byFocus CPD
4.5
(172 reviews)
IntermediateUpdated Oct 30, 2019
Attending Inventory Count

What You'll Learn

check_circleUnderstand the purpose of inventory counts.
check_circleLearn how to plan for an inventory count.
check_circleKnow what to do during the physical count.
check_circleHandle common inventory issues on-site.
check_circleDocument findings clearly and accurately.
check_circleApply cut-off procedures and form conclusions.

About This Course

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.

Your Instructor

Focus CPD
Focus CPD

Educators

menu_book4 courses
star336 reviews

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.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

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.

What Students Are Saying

4.5
Student's Choice
172 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.