Most companies have a wide range of fixed and liquid assets, so cost-effective implementation, management, maintenance, upgrading, and disposal of assets are essential to achieve the highest possible return on investment. In addition, there are now new opportunities to significantly…
In its second year, the pandemic is taking its toll on the global economy and the impact on businesses has not been long in coming as they struggle to regain their inventory levels. We know that maintaining an optimal level…
Storage is an essential operation for the company since it consists of intelligently placing stocks of goods, finished or unfinished products, and raw materials in the storage space. Inventory management ensures that the goods available are kept in good condition,…
An audit helps to identify new market segments, outline prospects, and assess the benefits of bringing new products to shelves, analyse new trends in changing consumer demand and activity. The retail audit company provides convenient analytical data based on the…
Over time, your business will experience ups and downs and developments. Especially if your business has been running for many years. This of course has an impact on the value of assets related to the business you are in. For…
Revaluation of fixed assets is the change in the value of the balance due to the change in market value. An investor’s decision to invest in a company is made based on special considerations. The ease of obtaining information makes…
Inventory management manages all items stored in the company. Have you ever felt that the food products you enjoy every day never run out? This is because the company uses a system to manage the existing inventory of raw materials…
Companies that are already established and advanced are usually able to manage inventory management to support the goods and services they sell to the company. Sometimes if the company can’t manage its inventory whether it’s their own products or semi-finished…
Within a company, there are a variety of situations that can affect one or more departments and, therefore, the performance of the company. It is important to analyse the situation your company is in and, in this way, locate the…
In accounting, fixed assets come at historical cost. Over time, the value of assets changes, therefore, for the valuation of fixed assets, replacement or residual values are used. Fixed assets are used for a long time and their cost can…