Ballpark Distributors, Inc. is a large public company with a calendar year-end that distributes sports memorabilia to
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Assume that the auditor observed and tested Ballpark’s physical inventory count on November 30, and was satisfied that the count and resulting adjustments produced an appropriate inventory account balance on November 30.
a. Explain any appropriate roll-forward procedures between the inventory count date and year-end that auditor should perform.
b. What additional test of details of balances should the auditor perform?
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Related Book For
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
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