Inventories: A Guide To Their Control, Costing And Effect Upon Income And Taxes is a comprehensive guide written by Raymond A. Hoffman. The book covers all aspects related to inventories, including their control, costing, and impact on income and taxes. The author provides a detailed explanation of inventory management and its importance for businesses of all sizes. The book also includes information on inventory valuation methods and their impact on financial statements. The author delves into the concept of inventory control and the various methods that can be used to manage inventory levels. He explains the importance of accurate inventory records and the role of technology in inventory management. The book also covers the costing of inventories, including the different methods of costing, such as FIFO and LIFO, and their impact on financial statements.The impact of inventories on income and taxes is also discussed in detail. The author explains how inventory levels can affect a company's profitability and tax liability. The book provides guidance on how to calculate the cost of goods sold and the impact of inventory write-offs on taxes.Overall, Inventories: A Guide To Their Control, Costing And Effect Upon Income And Taxes is a valuable resource for business owners, accountants, and financial professionals. The book provides a comprehensive understanding of inventory management and its impact on a company's financial statements and tax liability.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.