Content Provider
Dopelogo
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Free cpe webinars
The Ins & Outs of Cannabis Inventory Accounting, Processes, and Controls

THE INS & OUTS OF CANNABIS INVENTORY ACCOUNTING, PROCESSES, AND CONTROLS

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 1, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Course Description

Every niche industry has niche guidelines, and the cannabis industry is no exception. From tax codes to inventory accounting to general best practices, every niche has its own nuances that any tax professional needs to understand before taking on niche clients or opening a niche practice. For cannabis businesses, for example, a proper inventory accounting can save a savvy business on taxes as can GAAP cost accounting methods.

Join this webinar to learn tips and tricks and get a playbook from an industry expert for entry into the fast-growing niche industry!

Learning Objectives:


  • Evaluate the outlook on capital markets for this niche

  • List best practices on systems, controls, and managing your inventory IRS relevant tax codes, including IRC 280e and 471

  • Identify why inventory accounting is so important

  • Define various verticals and related inventory accounting for each

  • Recognize “GAAP” cost accounting and why it is the key to paying lower taxes

  • Evaluate how to get into the cannabis niche and gain all required tools, systems, and knowledge in under 90 days

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Andrew Hunzicker, CPA

DOPE CFO
Founder and Owner
[email protected]
(405) 990-4370

Dopelogo

Andrew founded DOPE CFO and is an expert in cannabis startups, CFO services, turnaround and high-growth strategies, capital sourcing, mergers, exits, and wealth protection. He has served in the "Big 4," including PriceWaterhouseCoopers, and is the winner of the 1995 Gold Medal Award for the CPA exam’s highest score. Andrew was runner up for Portland Business Journal's CFO of the Year in 2017, making him the first cannabis CFO ever to be nominated.

About Our Presenter

Dopelogo
DOPE CFO is a nationally recognized training program for accounting professionals looking to service cannabis businesses. DOPE CFO provides access to cannabis businesses with trained accounting professionals that understand their specific needs.