Chapter_12Auditingstocksandtangiblefixedassets.ppt
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Chapter_12Auditingstocksandtangiblefixedassets.ppt

Chapter_12Auditingstocksandtangiblefixedassets.ppt

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Chapter12:AuditingstocksandtangiblefixedassetsRecapLearningobjectivesStockSTOCK-AUDITOBJECTIVESSTOCKRECORDSDifferences—physicaltostockrecordsSTOCK-AUDITSTRATEGYAuditStrategyStockcountStockcount(ISA501)STOCKTAKEReviewStocktakingArrangementsOBSERVATIONOFSTOCKTAKEAttendanceatStocktakeStockCountSTOCKPRICINGStockPricingReviewStockValuationMethodSubstantiveProceduresforstockSubstantiveProceduresforstockSubstantiveProceduresforstockStockProvisionLONGTERMPROJECTSTangibleFixedAssetsIntangibleFixedAssetsFIXEDASSETS-AUDITOBJECTIVESProperty,Plant&EquipmentFIXEDASSETS-AUDITSTRATEGYFIXEDASSETS-AUDITSTRATEGYSubstantiveProceduresforProperty,Plant&EquipmentSubstantiveProceduresforProperty,Plant&EquipmentContentiousIssuesSummary