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Material Detail

Accounting Fraud - Inventory LCM

Accounting Fraud - Inventory LCM

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:
LCM, Inventory fraud
Disciplines:
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More about this material

Material Type:
Open (Access) Textbook
Date Added to MERLOT:
January 17, 2010
Date Modified in MERLOT:
October 3, 2016
Author:
 
Submitter:
Susan Moncada
Primary Audience:
High School, College General Ed, College Lower Division, College Upper Division
Technical Format:
Video
Mobile Compatibility:
Not specified at this time
Technical Requirements:
Windows media player
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
No

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