Accounting Fraud - Inventory LCM
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Accounting Fraud - Inventory LCM

        

Accounting Fraud - Inventory LCM

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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)
Material Type: Presentation
Technical Format: Video
Date Added to MERLOT: January 17, 2010
Date Modified in MERLOT: May 13, 2014
Author:
Submitter: Susan Moncada
Keywords: Inventory fraud, LCM

Quality

  • Peer review 4.75 rating
    Peer Reviews: 4.75 rating
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (none)
  • Personal Collections (none)
  • Accessibility Info (none)

About

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
Creative Commons: unsure

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