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For 2024, the shift to cost accounting will be responsible for most of an anticipated gross margin rate decline and will have inventory flat, rather than down by low single-digits, according to CFO Mitchell. This fiscal year at Macy’s, due to the conversion to cost accounting, neither gross margin nor inventory have been directly comparable …
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Contents: Audit Risk Model What are Audit opinions? 4 Types of Audit Opinions Explained with Example Audit Risks: Definition, Types, Models and More Why do auditors need to perform a risk assessment? The IIA to Host Free Webinars on April 18 Explaining Proposed Changes to Global Internal Audit Standards Auditors must have discussions with the …
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