Small business owners use many tools to track the success and progress of their enterprises. The process of evaluation, typically called auditing, allows a business owner to narrow down potential ...

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 ...

RFG believes many companies engaging in knowledge management (KM) initiatives are missing a critical step during the KM planning phase the knowledge assessment or audit. Cross-industry studies show ...

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 ...

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 ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte, one of the UK’s big four accountancy firms, a Deloitte partner and the former finance director of one ...