If your small business manufactures goods for sale or purchases goods for resale, you need to elect a method of accounting for inventory. In a resale business, all goods purchased for resale are ...

If your line of business requires you to maintain an inventory, you'll become familiar with many of the accounting issues raised by keeping goods in stock. The big questions center on how you account ...

Accurate inventory accounting is vital, especially in the globalized world of low-cost competition. Five critical inventory accounting control lapses threaten a company’s long-term survival.

Are you wasting money on excessive labor costs because your warehouse isn’t optimized? What is your cash flow outlook? What many warehouse administrators, logistic departments, small business ...

During due diligence, the buyer will conduct a thorough review of the seller's inventory to assess its value. This typically involves verifying the quantity, quality and condition of the inventory as ...

LONDON--(BUSINESS WIRE)--SpendEdge forecast the global Inventory Accounting Services market is expected to grow by USD 10,124.28 million as we reach 2024. This is due to the impact of the COVID-19 ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. To determine the value of ending inventory and, ultimately, ...

IMGCAP(1)]Inventory management is the practice of planning, directing and controlling inventory so that it contributes to the business' profitability. Inventory is an asset on the balance sheet that ...

Cloud accounting software developer Xero Ltd. has acquired inventory management provider Locate Inventory for $19 million. Xero expects to use Locate ’s talent, expertise and inventory-accounting ...

For February 26, 2018, my forensic accounting red flag is a tire company with a significant change to accounting policy. I pulled this highlight from yesterday’s research of 128 10-K filings, from ...

Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of experience researching personal finance topics. Specialties include general financial planning, career development, lending ...

NORTH BAY – More than 30 wineries mostly in Napa and Sonoma counties have been targeted in a wave of IRS audits of common inventory accounting methods in the industry for three decades. IRS auditors ...