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Inventory Costing and Stock Valuation for Finance Teams

For retailers, manufacturers and distributors, inventory is often the largest and most manipulated number on the balance sheet. This course equips finance staff to cost and value stock correctly, choose the right valuation method and account for obsolescence, shrinkage and write downs. Participants learn to keep stock records that reconcile to the ledger and withstand audit and management scrutiny.

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Register for this course

What you will be able to do

  • Distinguish inventory costing methods including FIFO, weighted average and standard cost.
  • Value stock at the lower of cost and net realisable value.
  • Account for obsolescence, shrinkage, damage and write downs.
  • Reconcile physical stock counts to accounting records.
  • Assess the impact of stock valuation on profit and tax.
  • Strengthen controls over stock movements and valuation adjustments.

Course outline

  1. 01The Role of Inventory in the Accounts
  2. 02Costing Methods and When to Use Them
  3. 03Lower of Cost and Net Realisable Value
  4. 04Obsolescence, Shrinkage and Write Downs
  5. 05Stock Counts and Ledger Reconciliation
  6. 06Valuation Impact on Profit and Tax
  7. 07Controls Over Stock and Adjustments
  8. 08Preparing Stock for the Audit

Who should attend

Financial accountants, cost accountants, stock controllers and finance staff in retail, wholesale, manufacturing and distribution.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
20 to 21 Oct 2026Johannesburg2R10,000Register
21 to 22 Oct 2026Cape Town2R10,000Register
22 to 23 Oct 2026Durban2R10,000Register
26 to 27 Oct 2026Pretoria2R10,000Register
27 to 28 Oct 2026Windhoek2US$1,100Register
28 to 29 Oct 2026Gaborone2US$1,100Register
29 to 30 Oct 2026Maseru2US$1,100Register
2 to 3 Nov 2026Mbabane2US$1,100Register
3 to 4 Nov 2026Lusaka2US$1,100Register
4 to 5 Nov 2026Harare2US$1,100Register
5 to 6 Nov 2026Lilongwe2US$1,100Register
9 to 10 Nov 2026Blantyre2US$1,100Register
10 to 11 Nov 2026Mozambique2US$1,100Register
11 to 12 Nov 2026Nairobi2US$1,100Register
12 to 13 Nov 2026Dar es Salaam2US$1,100Register
16 to 17 Nov 2026Kigali2US$1,100Register
17 to 18 Nov 2026Kampala2US$1,100Register
18 to 19 Nov 2026Accra2US$1,100Register
19 to 20 Nov 2026Lagos2US$1,100Register
23 to 24 Nov 2026Cairo2US$1,100Register
24 to 25 Nov 2026Mauritius2US$1,100Register
25 to 26 Nov 2026Dubai2US$1,100Register
26 to 27 Nov 2026Online2US$900Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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