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Useful reads on warehouses, stock counts and audits.
- What a revision is and what it is forA revision checks the actual state of assets and records and whether they match.
- Revision vs stock count: what is the differenceA stock count counts; a revision judges the result and the entire record-keeping system.
- Scheduled vs surprise revisions: which helps moreA scheduled revision shows the system; a surprise one shows how work really runs day to day.
- Who sits on a revision committeeThe committee should consist of reliable, experienced staff who do not depend on the unit being checked.
What to prepare before a revisionA set of documents, the latest balance data and an orderly warehouse are the three key things.- A revision order: what it should containThe order states the date, period, committee members and the object being checked.