• Èêîíà çà ñìÿíà íà åçèêà íà áúëãàðñêè
  • Icon to change language to english

Audit Procedures and Inventory Verification Techniques

Authors

Keywords
Independent Financial Audit, auditing, inventories, audit risk, fraud, errors, audit evidence, techniques, audit procedures, responsibility

Summary
This work is aimed at supporting the work of auditors by providing theoretical knowledge and illustrative examples regarding the inspection of inventories. Determining the actual amount of available inventory is an object of very high audit risk. It is a labour-intensive procedure; therefore, more attention should be paid to it. The paper discusses the issues, techniques and procedures that an auditor and other inspection bodies can use to get the most reliable evidence of the real size and ownership of inventories.

JEL: Ì42
Pages: 24
DOI: 

More titles

  • The Strategic Role of Human Resources Planning to Achieve Sustainable Competitive Advantage

    Purpose: The main objective of the research is to achieve sustainable competitive advantage in the Egyptian tourism sector locally and globally, through the strategic role of human resources planning by maximizing value added, developing innovation and knowledge and increasing the quality of service provided. Practical implications: The state ...

  • Ethics in the Field of Higher Education

    The adoption of modern concepts and opinions related to good governance and corporate social responsibility lead to the normative settlement of ethics in public sector institutions, and in the field of higher education. As a result, ethical behavioral norms have been developed in educational institutions. Due to the increasing requirements in the ...

  • Clusters and Communication: Marketing Aspects of Argicultural Practice in Bulgaria

    This paper focuses on the agricultural business in Bulgaria and the perspectives for its successful development and promotion in the context of global competition and positive aspects of cluster organizations. In the first place, it scrutinizes the problems that the sector has been experiencing since the political and economical changes in 1989 ...