Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...

Inventory management is an important small business function. Inventory is usually the second largest expense for a business, outside of payroll. Business owners create processes for managing their ...

Inventory systems can make or break your business, and effective controls help provide visibility as to what you have, what you need, what you don’t need and costs. But bad procedures can lead to ...

The Federal Government's Inventory Management Policy and Procedures, recently approved by the UAE Cabinet, aim to document and standardise inventory procedures across federal entities and define the ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

Wake up in a cold sweat at the thought of inefficient inventory counting? Does the thought of lost source code scare you more than anything else that goes bump in the night? The art of logistics is ...

On April 30, 2024, the Internal Revenue Service (IRS) released Rev. Proc. 2024-23, List of Automatic Changes, which provides the list of tax accounting method changes a taxpayer may file under the IRS ...

TSC is turning its operational audit status around after a report revealed four findings, but TSC President Jim Murdaugh ...