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 ...

Establishing the existence of a business's fixed assets and evaluating their value is an essential auditing task. Despite this, many businesses do not do a great job of keeping track of fixed assets.

Small businesses hold a wide variety of assets, which make up a large portion of a new company's balance sheet. During an audit, the audit team is required to verify management's assertion that these ...

Lamae State Colleges have received recommendations after recent asset audit results.

As the saying goes, you can't manage what you don't know. Clich or not, it is certainly apt when it comes to describing the compliance landscape. Solution providers angling for a piece of the $29.9 ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

A new state audit found asset management and record-keeping problems at Lamar Institute of Technology and Lamar State College ...

As oil enters the ninth month of sub-$50 per barrel prices – and natural gas languishes below $3 per MMBtu – the oil and gas industry confronts a challenging time of transition. Layoffs have already ...

The college has deployed a system from Radiant RFID that enables operators to capture the locations of high-value equipment in about a quarter of the time the manual process had required, while ...

Asset tokenization, the creation of digital ownership representations for diverse assets on blockchain and distributed ledger technology platforms, is a transformative force in finance. Processing ...