Question: VR DISCUSSION QUESTION ONE Describe THREE substantive procedures an external auditor of Company should perform at the year end in confirming each of the

VR DISCUSSION QUESTION ONE Describe THREE substantive procedures an external auditor of Company should perform at the year end in confirming each of the following: a) The valuation of inventory; (3 marks) b) The completeness of provisions or contingent liabilities. (3 marks)

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a Valuation of Inventory 1 Physical Inventory Count Procedure Conduct a physical count of the inventory on hand at the yearend This involves physicall... View full answer

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