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SDC CPAs, LLC provides adjusters and attorneys global investigation and accounting services dedicated to crime, fidelity (employee dishonesty and employee theft), lack of faithful performance and commercial surety insurance claims.

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Category: inventory

  • Inventory 101

    April 26, 2018
    When a company’s inventory count comes up short, the hunt for the missing inventory begins. Are employees are stealing from the warehouse in the middle of the night? Is a dishonest bookkeeper recording fictitious purchases and pocketing the difference? Possibly. But while employee theft may be the reason, less nefarious causes might be to blame. Defining & Tracking Inventory Inventory can be defined as the raw materials, work-in-process products and finished goods considered to be the portion of a business's…