Small-business owners can apply the results of inventory audits to examine their inventory management procedures and recording methods. These audits assure small-business owners that the company's ...

Auditors spend a substantial amount of time testing inventory because it usually makes up a large portion of company assets. Many auditors maintain a physical inventory count checklist of items to ...

Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

(TNS) — The state Comptroller's Office says an audit of the St. Lawrence-Lewis Board of Cooperative Educational Services showed that they failed to properly monitor and account for information ...

A Fairfax County auditor is recommending security and procedural changes for the county’s surplus property warehouse after a school system employee was charged with stealing computers from the ...