Tickitt & Run are about to embark on the audit of Hosiah Wholesale Health Foods Ltd. The company has been established for five years and has been modestly successful. The auditors have not encountered many problems in the past except for debt collection problems and bad debts. A feature of the accounts each year has been the large amount of inventory. The management is good and monthly accounts are prepared by Hortensia Goodbod  FCCA who was headhunted from the auditors. The accounts are disaggregated for management purposes into dried goods, tinned goods and specialty imports.

Discussion
– To what extent can Tickitt & Run engage in analytical techniques?
– Devise analytical techniques using financial and non-financial data for verifying the expense ‘motor van running
expenses’. The company has 20 vans.
– Devise analytical techniques for verifying sales figures. The auditors are particularly worried that they have no
systems assurance that all sales have been invoiced.