The Inventory Control System’s Weaknesses Based on the Accounting Postgraduate Students’ Perspectives

Abstract

The decisions made by the management in recording the amount of selling inventory in the year before the real year are as important as determining and defining the economic order size in the inventory management system. However, studies on accounting management, accounting education, and even operational management did not sufficiently discuss and evaluate such procedures to consider whether or not manipulations, frauds, or mistakes were made by the management. An obvious understanding to determine this kind of action by the managers considered as a vital element to the accounting education is represented in the recent study on the accounting postgraduate students by identifying their opinions in determining and describing whether the inventory management is weak or not and there are violations or not. The recent study is considered qualitative conducted by asking questions to 32 accounting postgraduate students regarding to the weaknesses of inventory management. The findings show that inventory management was not appropriately conducted and there were several problems and violations made by the sales managers. The other findings show that management inventory was used by the sales managers to sell the inventory in line with promoting their interests as they apply an earning management behavior. The findings also demonstrate that such case is not considered as a fraud but as a manipulation behavior.

Construction and optimization of inventory management system via cloud-edge collaborative computing in supply chain environment in the Internet of Things era

“…The solution of traditional cloud computing architecture is to download the sensor data of various factory equipment, and use the data analysis technique of big data. Meanwhile, it transits the downloaded data to remote cloud servers through the data acquisition module, to improve work efficiency and competitiveness [ 28 , 29 ]. Here, the cloud-edge collaborative computing in industrial IoT is proposed to solve the rapid response problem of real-time control and data fast processing in large-scale manufacturing plants.…”

Administración del inventario y rentabilidad empresarial: un acercamiento a las empresas comercializadoras de consumo masivo

“…En primer lugar, la gestión de inventario implica determinar las cantidades correctas que se deben pedir y mantener en un momento dado debido a los costos asociados (Andiyappillai, 2019). Tener demasiado inventario aumenta el capital inmovilizado, lo que da como resultado el deterioro, la obsolescencia, el daño y la pérdida del inventario por hurto y robo (Ries et al, 2020). Por otro lado, la escasez de inventario está asociada con la interrupción de las ventas por desabastecimiento, malas relaciones con los consumidores y máquinas y equipos subutilizados.…”

Risk Management Practices and Financial Performance: The Case of Sultanate of Oman

“…It also includes the negative effects of delays and defaults in bank payments in the Gulf Cooperation Council countries due to support for the oil industry (Thottoli & Ahmed, 2021;Ahmed, Alabdullah, Thottoli, & Maryanti, 2020;Rao Al-Yahyaee & Syed, 2007;Singh, Islam, Ahmed, & Amran, 2019;Alabdullah, 2018Alabdullah, , 2019. and there are effects related to financial management and liquidity in Omani banks Likewise, management of liquidity risk is of maximum importance because a lack of liquidity may have system-wide repercussions for a single institution (Alharthi, 2017;Ahmed, Alabdullah, Ardhani, & Putri, 2021). Thus, the main goal of this study is to examine determine the link inter risk of management practices and bank's financial performance.…”