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Accounting Fraud - Inventory LCM

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Location: Go to Material
Material Type: Presentation
Technical Format: Video
Date Added to MERLOT: January 17, 2010
Date Modified in MERLOT: April 04, 2011
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Author:
 Send email to fred.phillips@usask.ca
University of Saskatchewan
Submitter : Susan Moncada

Description:

This YouTube video is a preview of the video series that accompanies the Fundamentals of Financial Accounting text by Phillips, Libby, and Libby.  Titled "DHB Industries Inc - Dodging Bullets" the video explains the lower of cost or market inventory concepts and how fraud was perpetrated by violating GAAP. (Time: 5:32)


Keywords:
Inventory fraud, LCM

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More information about this material:
Primary Audience: High School, College General Ed, College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
Technical Requirements: Windows media player

Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Copyright: yes
Creative Commons: unsure

About this material:

Peer Reviews avg:4.75 starsstar
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