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Inventory Accounting in the Cannabis Industry 2024

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(Check-In 11:30am CST)

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Webcast

1.00 Credits

Member Price $49.00

Non-Member Price $59.00

Overview

This course will cover GAAP COGS for Cannabis companies and various costing models. Financial statement requirements will also be discussed.

  • Course Instructor: Sarah McGuire
  • Highlights

    • Understanding GAAP COGS and costing models for cannabis inventory.
    • Common questions for GAAP inventory and COGS.
    • Financial statement presentation and required disclosures.

    Prerequisites

    None

    Designed For

    CPAs, Attorneys, Enrolled Agents, Financial Professionals, and anyone interested in the fundamentals of this industry.

    Objectives

    • Determine GAAP accounting for inventory and COGS
    • Recognize nuances related to cannabis COGS and accounting
    • Identify common questions and general accounting

    Preparation

    Some knowledge of Cannabis accounting is recommended.

    Notice

    This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.

    Non-Member Price $59.00

    Member Price $49.00