1 Audit Objective The objective of this template is to ensure the Completeness, Accuracy, Existence and Valuation of Inventories.
2 Summarized Business Cycle (Inventories) Description
2.1 You must have obtained the understanding of the entity, its business/ operations so now list down type of Inventories. Some example of cash and cash equivalents are as follows: (You can modify the list below as per your requirements)
For the rest of the working paper download the template.
All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published, broadcast, performed nor used to prepare derivative works, without the prior written permission of AuditNet®. You may not alter or remove any trademark, copyright, logo or other notice from copies of the content. For further information, see section 1 of the Terms and Conditions and section 2 of the Subscriber Access Agreement.