Best Practices for Inventory Management

Date: Tuesday, November 10, 2020
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): Rod Ballard, CPA, CFE Principal, Jackson Thornton & Co., PC
Objective: *Understanding the need for inventory management and the cost of not having it
*Outlining the various philosophies of inventory management
*Understanding the tools available for managing inventory
Field of Study: Production
Program Level: Basic
CPE Credit: 1 Credit Hour- must answer 3 attendance questions during presentation
Delivery Method: Group Internet-based

No advanced preparation or prerequisites are required for this course.
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Course Description
During this session, we will review existing best practices for inventory management.

Presenter and Moderator Bios
Rod Ballard has over 25 years’ experience working with utilities. He performs consulting services for electric, telecom, and water distribution clients. Rod’s consulting services include fraud exam and deterrence studies. He leads Jackson Thornton’s training division and has taught utility-specific courses across the nation. As a part of this effort, Rod has led accounting and fraud training for accounting and management personnel for 15 different statewide associations. He has also led training related to understanding utility finance and accounting for operations personnel from various utilities. Rod has served as a speaker for the Rural Utilities Service (RUS), NRECA, NSAC, and several statewide electric associations including Texas. He is a member of the American Society of Certified Public Accountants (AICPA) and the Alabama Society of Certified Public Accountants (ASCPA). He has an M.B.A. Accounting Concentration from Troy University and a B.S., Business Administration/Accounting from Troy University.

Free for NSAC Members / $56.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.


All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or