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Irregularities in inventory of a firm

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What irregularities should a fraud examiner look for within a firm where inventory is present?

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The fraud examiner needs to look for irregularities in the balances of the inventory account. Credit balances in an inventory account are definitely a red flag. An excessive amount of production waste or goods written off from inventory as defective without coordinating paperwork or further documentation, companies that allow unrestricted access to areas where inventory is held, separate locations (like warehouses) where inventory is ...

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