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Problem:
(a) Your client has sought your advise on the procedures to be adopted for carrying out the stocktaking which is based on a year-end count. You are required to prepare a set of instructions for your client.
(b) The auditor must satisfy himself as to the validity of the amount attributed to stock in the balance sheet. The auditor's duties are usually divided into three phases.
(i) before the stocktaking (ii) during the stocktaking (iii) after the stocktaking
You are required to write short notes on the duties of an auditor in each phase of the stocktaking process.
Please assist me with these assignments The auditors for Weston University are conducting their audit for the fiscal year ended December 31, 2011. Specifically, the audit firm is n
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Sales are shipped FOB shipping point with credit terms n/45. You have verified that the last shipping number used in 2009 was 261,336 and that numbers were used in numerical order.
Ask quesThe following situations involve a possible violation of the MIA ByLaws (on professional ethics, conduct and practice). For each situation, (1) decide whether or not the Co
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