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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 a study that is carried out on a regular basis and is the collection of…
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 of obtaining them and methods of grouping, economic accounting is divided into three types: operational,…
Any company producing FMCG products faces the problem of finding information about the market as a whole and about its competitors. In the absence of this information, the actions of a company operating on the FMCG market cannot be adequate to the conditions of the external environment. One of the main sources of information of…
How sales take place at each retail outlet and what influence prices, merchandising, advertising and POS materials, and the activity of competitors have on them- such questions are relevant today for many suppliers and manufacturers of goods. An important tool in measuring this kind of data is Retail audit or Point of Sale Audit. POS…
One of the unavoidable strengths of any business is accounting. It is vital since it is the only way to control the monetary aspects, both what is entered and what is spent. It allows, in general, to have a real vision of the economic and financial status of an organization. But some companies make mistakes…
The figures of your business do not add up? The costs and expenses reported in accounting at the end of the month are greater than your income, at the time of making physical inventories to your warehouse, are missing differences and excessive surpluses determined? Is the amount of federal taxes and social security higher than…
The changed reality makes not only entire companies, cities, countries, the world change, it also makes us, ordinary people, change. The purpose of this article is to guide internal auditors to take action now, in response to the challenges that COVID-19 has posed for all of us. The acute phase of the COVID-19 coronavirus infection…
Today, enterprises with various organizational and legal forms and various forms of ownership have the opportunity to independently organize the production and sale of any product, choose a wage system that suits them, methods of tax and accounting, and much more. But one should not think that the state does not exercise control over all…
Each company carries out its particular way of organizing finances and all issues related to its future. However, there are some global factors that could affect the operation of a company or SME, especially when you do not have a consultancy that provides comprehensive solutions to companies. One of the factors that could most affect…
Are you an entrepreneur wondering if conducting an audit is a good idea? Yes, always yes. Next, we introduce you to the world of business audits: What is a business audit? Let’s start at the beginning, what does it consist of? The corporate audit tries to make a recognition of the processes or the economic…
