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Final audit procedures : after inventory count

ANAnuja Nair8y ago
Hi sir, the procedures to perform after the inventory count, can i state the following in relation to raw materials ? - Inspect purchase invoices for a sample of raw materials to agree their cost to verify valuation - Inspect purchase invoices for the name of the client to verify rights.
kengarrettkengarrettTutor8y ago#1
Better to say 'verify ownership' rather than 'verify rights'.
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