Regulatory Concerns - Inventories

Course outline:

This series of short live streamed modules will focus on topical issues of concern for the regulators, this module looking at inventories.

Work over inventories is a common area of weakness flagged by audit monitoring bodies and also Mercia’s file reviews, with issues noted around:

  • Stock count attendance
  • Costing
  • Provisioning 
  • Work over components, including use of component auditors.

CPD Hours: 1

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