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Which one of the following procedures wouldnotbe appropriate for an auditor in discharging his ...
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Which one of the following procedures wouldnotbe appropriate for an auditor in discharging his ...
Which one of the following procedures would
not
be appropriate for an auditor in discharging his responsibilities concerning the client's physical inventories?
▸ confirmation of goods in the hands of public warehouses
▸ supervising the taking of the annual physical inventory
▸ carrying out physical inventory procedures at an interim date
▸ obtaining written representation from the client as to the existence, quality, and dollar amount of the inventory
Textbook
Auditing and Assurance Services
Edition:
17
th
Authors:
Arens, Elder, Beasley, Hogan
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supervising the taking of the annual physical inventory
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