Inventory is a primary concern for just about all small businesses. Physical inventory is especially important if you deal in selling products. You must have an accurate count of all items so you know ...

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 ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.