you are just amazing. thank you for this. I have forgotten all about it. it has been 10 years and now I have an interview in something that I wanna and that requires using those skills. you are great
I'm taking over a controller position. There's a 7k error on inventory that can't be found from last month. What should I do? I'm still being trained, so it's not my fault. Just wondering?
You should talk to your supervisor (CEO, boss, client, ??). Here are some questions you should be considering... Is it a material amount? How was COGS calculated? Are the costs you used accurate? When was the last time there was a physical count of inventory? What systems are in place to ensure some type of fraud or theft isn't going on? What systems can you put in place to ensure the number is more accurate next month?
Thanks for watching! Do you have any other key metrics that you watch to ensure the health of your business?
you are just amazing. thank you for this. I have forgotten all about it. it has been 10 years and now I have an interview in something that I wanna and that requires using those skills. you are great
Love love love your videos. Thanks for all your help!
You are so welcome!
Thanks for that. Really useful information 😊
My pleasure 😊
Very detailed and helpful.
Glad you liked it
Hi , Liked the way you explained , Can you share more examples. Thanks
I asked " Hey Google! How to read financial statement"
Google:
Glad that worked out for you. :)
x2
I'm not even done with the video yet, and I've already thumbs-up'ed and subscribed...
Great content.
Thanks!
Very helpful video. Thank you
Glad it was helpful!
Thanks!!
You bet!
I'm taking over a controller position. There's a 7k error on inventory that can't be found from last month. What should I do? I'm still being trained, so it's not my fault. Just wondering?
You should talk to your supervisor (CEO, boss, client, ??).
Here are some questions you should be considering... Is it a material amount? How was COGS calculated? Are the costs you used accurate? When was the last time there was a physical count of inventory? What systems are in place to ensure some type of fraud or theft isn't going on? What systems can you put in place to ensure the number is more accurate next month?