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 ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

Companies need to know where their products are in the supply chain to improve asset utilization and avoid stocking issues. The ability to monitor and manage the real-time movement of assets and ...

Discover how to assess a company's liquidity through working capital and the cash conversion cycle. Understand key metrics ...

When you think of asset management, you likely picture large equipment or electronic devices being physically tagged and tracked by asset monitoring software. However, many of these platforms can ...

All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

Later this month, 3M plans to release its Asset and Inventory Tracking System, with a hosted software application that will allow organizations such as IT departments and construction equipment ...