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Is your inventory being stolen by dishonest employees or customers? Inventory is a prime target for fraud schemes, second only to cash. It does not always involve the physical theft of items. Here are early warning signs that your inventory has been targeted. Know your risk...

Measuring accounting estimates involves some level of uncertainty. As a result, accounting estimates, such as allowances for doubtful accounts, impairments of long-lived assets, and valuations of financial and non-financial assets, require extra attention from auditors. Here is a closer look at the current standards for...