Cannabis Cost Accounting Explained
Provider: Becker Professional Education
Length: 64
Accounting
1 CPE Credits
Basic
QAS self study
<p>This course will be an overview of:</p>
<ul>
<li>Federal backdrop: CSA scheduling + §280E and why cannabis taxes work differently</li>
<li>COGS as the only lever: gross income mechanics and COGS vs. deductions</li>
<li>Inventory authorities: §471-3 (reseller), §471-11 (producer), §471(c) (method options) + guardrails (Harborside)</li>
<li>Special cases + application: delivery/lounge COGS limits, cost-item mapping demo, and inventory→COGS workflows (POS/seed-to-sale tie-outs, counts/adjustments)</li>
<li>COA design for §280E: cash clearing, inventory structure, and producer COGS buckets (DM/DL/OH)</li>
<li>Implementation wrap-up: monthly controls + next-step checklist to keep inventory and COGS consistent all year</li>
</ul>