Cost Accounting 101 for Cannabis and CBD/Hemp Clients (and How to Save Your Clients from Compliance Disasters)

On-Demand Webinar

Do you know what it costs to grow a pound of weed or to produce an edible gummy bear?

How about the difference between indirect and direct costs in Cannabis, and which are allowable to allocate to inventory and eventually to COGS, pursuant to 471-11?

Join us for an overview of everything you need to know about cost accounting in Cannabis/CBD/hemp to get started properly serving clients in these complex niches.

Essential updates that we cover include:

The ins and outs of cost accounting
Sample cost accounting strategies and calculations
A refresher on 280E and 471 tax codes
Cost accounting and legal entity structures
And more!

Overview

Correct cost accounting for companies in these industries is very tricky. Trying to navigate this essential process can throw up a roadblock for accountants and CEOs alike. In fact, it’s next to impossible to keep Cannabis companies audit-ready and compliant if you’re not an accountant specifically trained in Cannabis.

A successful Cannabis or CBD/hemp accountant is an informed accountant. Staying apprised of the latest IRS stipulations prepares you to offer world-class service to every client that hires you. Join us for our on-demand webinar by registering above.

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Cost Accounting 101 for Cannabis and CBD/Hemp Clients (and How to Save Your Clients from Compliance Disasters)

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Overview

A successful Cannabis or CBD/hemp accountant is an informed accountant. Staying apprised of the latest IRS stipulations prepares you to offer world-class service to every client that hires you. Join us for our on-demand webinar by registering above.

Your Webinar Host

Andrew Hunzicker, CPA