260. Inventory Accounting: Getting it Right is Critical!
Most practices think their inventory accounting is done right, but in reality, this often isnt true. If the inventory accounting is poorly done, these figures are useless for determining whether inventory costs are under control. This session will identify the important basics of inventory accounting; explain how to know if the figures are accurate and what information they convey; and suggest changes to the inventory system to better control these costs.
Karen Felsted
CPA, M.S., DVM, CVPM, CVA
President | PantheraT Veterinary Management Consulting Inc. | Richardson, Texas
A certified public accountant, accredited business appraiser, and veterinarian, Dr. Felsted has spent the last 20 years working as a financial and operational consultant to veterinary practices and the animal health industry. She is active in multiple veterinary organizations, has written an extensive number of articles for a wide range of veterinary publications, and speaks regularly at national and international veterinary meetings. In 2011 and 2017, Dr. Felsted was awarded the Western Veterinary Conference Practice Management Continuing Educator of the Year and in 2014, the VetPartners Distinguished Life Member Award.
Key:
Complete
Next
Failed
Available
Locked