Description

This course will cover GAAP COGS for Cannabis companies and various costing models. Financial statement requirements will also be discussed.

Target Audience

CPAs, Attorneys, Enrolled Agents, Financial Professionals, and anyone interested in the fundamentals of this industry.

Course Objectives

• Determine GAAP accounting for inventory and COGS
• Recognize nuances related to cannabis COGS and accounting
• Identify common questions and general accounting

Subjects

• Understanding GAAP COGS and costing models for cannabis inventory.
• Common questions for GAAP inventory and COGS.
• Financial statement presentation and required disclosures.

Advanced Preparation

Some knowledge of Cannabis accounting is recommended.