The control of fixed assets goes beyond having a list of everything that a company owns.This implies continuously monitoring the performance of each asset to obtain in this way the total budget to spend on them. However, the same amount…
Barcode System And Its Working
Almost every industry all across the globe is reliant on barcode numbering of inventory and it has become an integral part thereby replacing the method of manual entry effectively. The usage of barcodes has become inevitable due to its accuracy,…
Challenges Involved In Fixed Asset Valuation And Accounting
Fixed asset accounting pose a lot of challenge to many businesses. Not to mention the conundrums in the decision making. The decisions like which depreciation method to apply or the estimated salvage value of an asset can have a significant…
What can you do with the help of retail audit?
Based on the results of the audit of the retail trade, management decisions are made aimed at improving the efficiency of the company. When it is carried out on a regular basis, the company’s turnover will increase by 30% within…
Retail Audit: The Most Accurate Instrument to Get Information About Your Retail Business
Retail audit is based on the results of retail sales of the products of the studied group and the subsequent analysis of the assortment, prices, distribution tools, and advertising materials. A retail audit is commonly understood as a method of…
Retail Audit: A Tool To Check The Place Of Your Brand In The Market
A retail Audit, is a type of research that allows you to both preliminary study the business, assessing the profitability of a new store, and raise the dynamics of sales and profit of an existing outlet. A retail audit is…
Principles Needed To Be Followed During The Formation Of An Audit Plan
The company must initiate an audit plan before drawing up the agreement and before entering into an audit contract. Planning, which is the initial stage of an audit, is a program that determines the scope, type and sequence of audit…
Necessity And Components Of A Retail Audit
In order to properly organize a trading business, you need to have as much information as possible about the market area of interest. Various methods and techniques are used to collect such data. One of the most popular and demanded…
Most Important Element Of A Business: Retail Audit
For the correct management of the activities of a trading enterprise, it is necessary to have complete, accurate, objective, timely and sufficiently detailed economic information. This is achieved by maintaining business records. Depending on the nature of the data, methods…
Reasons To Change Tax Advice
Don’t let anger or passivity contaminate your company! There are more fish in the sea. Why stay with a business advice that doesn’t convince you? Reasons to change tax advice If your advice causes you discontent and your current desire…