Small, privately held businesses that warehouse inventory in an onsite or offsite location typically conduct an annual internal inventory audit. While procedures for counting and valuing inventories ...

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 ...

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 ...

In an effort to make the audit process more efficient and effective, the AICPA Assurance Services Executive Committee (ASEC) has developed voluntary audit data standards that would standardize the ...

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 ...

Taking inventory of the past year can help you start the new year off strong as a business owner. Entrepreneur Jen Glantz says to audit both your personal and business finances. Reevaluate your goals ...

An operational audit of Tallahassee State College revealed four areas of concern for the 2024-25 fiscal year. The findings involved issues with bank reconciliations, property inventory, tuition fee ...

(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 ...