Effective inventory management is the backbone of any successful business. Whether it’s a small retail store, a manufacturing facility, or an e-commerce giant, the ability to organize and plan inventory efficiently can make a significant difference in operational efficiency, customer satisfaction, and ultimately, the bottom line.
ASC 805 accounting can be hard to understand and feel overwhelming. Click here for a guide to complying with the ASC 805 business combinations.
A Guide to Complying with the ASC 805 Business Combinations Read More »
Fixed asset management is an important part of maintaining an accurate business value through assessing your assets. We take a look at the role of inventory.
Fixed Asset Management: The Importance of Fixed Asset Inventorying Read More »
Master ASC 360 compliance with clear guidance on depreciation, impairment, and fair value. Learn how to keep your assets compliant and accurate.
ASC 360 Compliance: A Complete Guide to Property, Plant, and Equipment Accounting Read More »
Radio Frequency Identification (RFID) technology is a powerful tool for asset tracking and inventory management, and its potential applications in healthcare settings are vast. One area where RFID has been gaining traction in recent years is in hospitals, where it can be used to improve efficiency, reduce costs, and enhance patient safety. In this article,
RFID Asset Tracking in Hospitals: Improving Efficiency and Patient Safety Read More »
RFID technology has helped large, mid- and small-sized firms to streamline their internal controls and automate time-consuming manual processes, which address requirements of SOX framework.
How RFID is revolutionizing SOX compliance Read More »
A qualified appraisal is a written report by a qualified appraiser that estimates the fair market value of one or more assets. This document is to provide an unbiased and independent estimate of an asset’s value for tax-related purposes. A qualified appraiser is often required for charitable contributions, estate tax returns and other financial transactions
Qualified Appraisal: Definition, Purpose & IRS Requirements Read More »
Did you know that the global fixed asset management software industry is expected to hit $5.2 billion in 2024? Companies are required to comply with the Sarbanes-Oxley Act (SOX) when it comes to their fixed assets. It can be difficult for companies to keep up with the ever-changing regulations and ensure they have all of
What Are the Fixed Asset Internal Controls Required by SOX Compliance? Read More »
What is asset tagging, and how does it benefit businesses? What are the advantages of asset tagging with RFID? Learn all about asset tags and more here.
How Does Asset Tagging Help You Identify Your Field Assets? Read More »
Leases are fundamental for a company and legal entity as they deal with leases. Therefore, get to know IFRS 16 – Leasing and its information.
With over 25 years of experience, the CPCON Group is the global advisor that enhances and maximizes organizations’ internal control, promoting increased management efficiencies, improved regulatory compliance and financial supervision.
