The object of research – goods. The subject of research – accounting and audit. The purpose of research – to review and analyze the main peculiarities of accounting and audit of goods, to describe, analyze and interpretate the problems of accounting and audit of goods, to offer the solution of those problems. The main tasks: �� to analyze the organization of accounting of goods and main innovations regulation in accounting of goods; • to research the problems of rating and valuation of goods; • to analyze the peculiarities of methods of good’s sale; • to make a research in Lithuanian companies and to analyze practical use of methods of accounting of goods; • to set the problems of rating and valuation methods, principles of good’s sale and to set the purposes of chose of them in Lithuanian companies, to offer the solution of those problems; • to research the main tasks and procedures audit of goods; • to analyze the sequence of audit of goods; • to make verification of the audit of goods in N company; • to set the main problems of the audit of goods and offer the solution of those problems. The methods of research – logical analyze, synthesis, comparison, observational and descriptive methods. Analyzing economic, scientific and law literature and making an empirical research in Lithuanian companies, it is set the particularities and peculiarities of accounting ant audit of goods, main problems of the audit of goods and solution of those problems.