Hello, am set to attend to a stock taking exercise few days to come, but am still in dilemma of how and when an auditor is to perform test counts, as far as stock taking is concerned. Please help....
Audit of Inventory
Answers
Anon- you do not indicate which country where the count is planned, whether it is an internal audit task or an external audit activity (and perhaps part of the annual audit) or a special audit (e.g. for an acquisition).
It's therefore not easy to say much, except contact your manager, or your professional auditor society (if you are a qualified auditor/public accountant or in training to become one).
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