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2. Cycle count - Wikipedia

   en.wikipedia.org/wiki/Cycle_count

   A cycle count is a perpetual inventory auditing procedure, where you follow a regularly repeated sequence of checks on a subset of inventory. Cycle counts contrast with traditional physical inventory in that a traditional physical inventory ceases operations at a facility while all items are counted. Cycle counts are less disruptive to daily ...

3. Physical inventory - Wikipedia

   en.wikipedia.org/wiki/Physical_inventory

   Physical inventory is a process where a business physically counts its entire inventory. A physical inventory may be mandated by financial accounting rules or the tax regulations to place an accurate value on the inventory, or the business may need to count inventory so component parts or raw materials can be restocked. Businesses may use ...

4. Inventory management software - Wikipedia

   en.wikipedia.org/wiki/Inventory_management_software

   An inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. [1] It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages.

5. Stock-taking - Wikipedia

   en.wikipedia.org/wiki/Stock-taking

   Stock-taking or "inventory checking" or "wall-to-wall" is the physical verification of the quantities and condition of items held in an inventory or warehouse. This may be done to provide an audit of existing stock. It is also the source of stock discrepancy information.

6. List of AICPA Audit and Accounting Guides - Wikipedia

   en.wikipedia.org/wiki/List_of_AICPA_Audit_and...

   Assessing and responding to audit risk in a financial statement audit, with conforming changes as of September 1, 2014: 04-05: 2016: Assessing and responding to audit risk in a financial statement audit, with conforming changes as of October 1, 2016: 05-01: 1983: Audit sampling full-text: 05-02: 1992: Audit sampling full-text: 05-02: 1999 ...

7. Infrastructure asset management - Wikipedia

   en.wikipedia.org/wiki/Infrastructure_asset...

   Maintaining a systematic record of individual assets (an inventory)—e.g., acquisition cost, original service life, remaining useful life, physical condition, repair and maintenance consistency; Developing a defined program for sustaining the aggregate body of assets through deterioration modeling, planned maintenance, repair, and replacement ...