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 ...
FASB has issued new financial reporting guidance that is designed to reduce the complexity related to the subsequent measurement of inventory. Accounting Standards Update No. 2015-11, Inventory (Topic ...
Not a subscriber? Apply online today. Inventory management takes both planning and execution. For decades, execution has relied on bar code data collection and wireless, system-directed material moves ...
In the past year, some of the neighborhoods with the biggest boosts in inventory actually also saw double-digit price hikes, based on the data, which ranked the areas by the size of their increase in ...