Government & Nonprofit Fraud in the Public Sector

1. Fraud in the Public Sector Welcome to the Financial Management Institute Webinar Thursday, December 12, 12:30pm EST 2. Panel: • Francis Liska, CGA, CISA, CICA, CMC -…

Documents Lower of Cost or Market (LCM) Inventory must be reported at lower of cost or market. Market is...

Lower of Cost or Market (LCM) Inventory must be reported at lower of cost or market. Market is defined as current replacement cost (not sales price). Consistent with the…