Question: Describe substantive procedures you should perform to obtain sufficient, appropriate audit evidence in relation to the following matters: property plant and equipment, revaluation, additions, disposals

Describe substantive procedures you should perform to obtain sufficient, appropriate audit evidence in relation to the following matters: 

  • property plant and equipment, 
  • revaluation, 
  • additions, 
  • disposals
  • and depreciation.

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Substantive procedures for revaluation of property plant and equipment PPE Obtain a schedule of all PPE revalued during the year and cast to confirm completeness and accuracy of the revaluation adjust... View full answer

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