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 ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

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 ...

A new audit data standard issued by the AICPA Assurance Services Executive Committee addresses the inventory subledger and is intended to accommodate basic analysis of the inventory process. Through ...

HILO — Inadequate inventory control at county Public Works baseyards allowed chainsaws, string trimmers, a generator, lawnmower, digital camera and other items to walk off the job. ADVERTISING HILO — ...

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 ...

The New York State Comptroller has released a report on the Information Technology Services Office stating that thousands of computers and other costly equipment are unaccounted for, and new and ...