• IMPACT OF STOCK-TAKING IN AN ORGANIZATION


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    • ABSRACT - [ Total Page(s): 1 ]An independent activity within an organization to review of purchasing and financial policies of the organization are fully implemented as well as malting policies and procedure guideline on stock-taking, account, financial, asset ands liabilities of the department.It has immensely helped in the management of the organization. Despite, there is also improvement in areas like decision making regarding the stock-taking and ensuring the completeness and accuracy of the organization book and other operation as basic for service to management.The operation undertaken by special designed staff. Orga ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0 INTRODUCTION The purpose of this is to look at the need to maintain high standard of audit work. The purchasing may be held liable for negligence because the law requires one purchasing to care, diligence and skill as is reasonably necessary in a particular circumstances, where an organization of person suffers loss or damage as a result of the failure of an purchasing to discharge the fiduciary duty imposed on him by law they may be liable for negligence and an action for negligence may be instituted against him in court of law. To ensure that quality of audit w ... Continue Reading