Accurate Inventory Information Crucial to Audit Outcome

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The most crucial element contributing to a positive audit outcome is an accurate inventory of what software is deployed. Unfortunately, far too many businesses faced with an audit end up receiving grossly overinflated compliance-purchase demands, because the inventory data received by the auditors and used to calculate a license position is faulty. Christopher Barnett of Scott & Scott, LLP shares three top tips for taming the inventory beast.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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