misconducts美国理财师资料.docx

One of the misconducts is followed. I found this misconduct from 10-K and I understand that this misconduct is understates of cost of sales and overstates the inventory. I can’t find an accounting standard which is representing “the company should fairly record the cost of inventory and cost of goods sold”. But the most related one I can find is 330-10-30-12 is still not representing such meaning. Could you please give me suggestions about this? I have similar problem to find an accounting standard states”the expense should recognized compliance with the revenue in the time period” because the company recognized the expense in another year.GMCR overstated $7.4 million pre-tax income, cumulative over the restated periods, due to the K-Cup inventory adjustment error previously reported in the Companys Form 8-K filed on September?28, 2010. This error is the result of applying an incorrect standard cost to intercompany K-Cup inventory balances in consolidation.330-10-30-12???Standard costs are acceptable if adjusted at reasonable intervals to reflect current conditions so that at the balance-sheet date standard costs reasonably approximate costs computed under one of the recognized bases. In such cases descriptive language shall be used which will express this relationship, as, for instance, approximate costs determined on the first-in first-out basis, or, if it is desired to mention standard costs, at standard costs, approximating average costs.A?$7.4 million?overstatement of pre-tax income, cumulative over the restated periods, due to the K-Cup inventory adjustment error previously reported in the Companys Form 8-K filed on September?28, 2010. This error is the result of applying an incorrect standard cost to intercompany K-Cup inventory balances in consolidation. This error resulted in an overstatement of the consolidated inventory and an understatement of the cost of sales. Rather than correcting the cumulative amount of the error in the quarter ended?September 25,