CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.
CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.
2 Credits
$20
2 CPE credit of Auditing for all CPAs
2 CPE credit for Certified Internal Auditors (CIA)
2 CPE credit for Certified Fraud Examiners (CFEs)
2 CPE credit for Internal Audit Practitioner (IAP)
2 CPE credit for Qualification in Internal Audit Leadership (QIAL)
2 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)
2 CPD credit (Verifiable) for CPA/CFF
2 General Educational credit for Tax Professionals / Bookkeepers / Accountants
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Auditing inventory is the process of cross-checking financial records with physical inventory and records. It can be completed by auditors and other parties. An inventory audit can be as simple as just taking a physical count of stock and inventory to verify a match to the accounting records.
Observation of inventory is a generally accepted auditing procedure, where an independent auditor issues an opinion on whether the financial records of inventory accurately represent the physical inventory being carried. It’s important to conduct inventory audits to maintain inventory accuracy, spot causes of loss/waste, and ensure that you always have the right amount of stock at the right time.
A better understanding of stock flow will also help ensure the business runs smoothly, because you’ll know what products you have on hand.
This webinar will discuss:
WDGI
Don't do inventories anymore and will not in future, but learned changes have occurred since I did them.
WG
The webinar was very informative and interesting.
NL
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