You are auditing Twinkles Ltd which runs a chain of jewellery shops and you are responsible for
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You are auditing Twinkles Ltd which runs a chain of jewellery shops and you are responsible for the audit of inventory. Counting and indentifying the items of jewellery is not a difficulty but verifying the value of the inventory is a major planning issue. How would you gather sufficient appropriate evidence to validate the value of inventories in this case?
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The auditor would have to rely on the services of an auditors expert The key conside...View the full answer
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