ProView Plus Print Inventory Tax Accounting and Uniform Capitalization

Inventory Tax Accounting and Uniform Capitalization provides analysis of inventory valuations and the types of activities subject to inventory and uniform capitalization rules. Topics include: • Options available under the uniform capitalization provisions • Valuation at cost • Inventories valued at other than cost • Flow of costs • Changes in inventory accounting methods • Problems in accounting for the costs of long-term contracts • Significance and scope of inventory rules • FIFO, average cost, and retail methods Features of this publication include: • Helps you circumvent the complexities of inventory taxation • Provides step-by-step analysis of each aspect of tax accounting for inventories