The Retail sector has suffered badly from the economic recession. Consumers have lost faith in the economy and are holding on to their hard-earned cash. Successful retailers stand out by through innovation, in terms of both technological developments and customer experience.
Financial statements and risk control
Issues relating to financial statements include, primarily, how inventories are measured, including the allowance for obsolescence, margin analyses, branch comparisons and goods flows. Besides auditing your financial statements, we can assist you with other services too, for example advising you on your risk control. How do you optimise the balance between the processes? How do you ensure that your inventories remain at the ideal level? What is the best way to organise job and competencies? These are only a few examples of the issues that a retail business might face.
Meet Van Oers Audit
Are you looking for a sparring partner with extensive experience in your sector or industry? Our sector experts can tell you more about the possibilities.