Hi all,
Is observing inventory count a required audit procedure? If so are there any instances in which this procedure may deemed to be not required (i.e. if inventory is immaterial)?
Thanks
AUD - 73, 2/20 (tough exam came out crying)79 Yes! Passed, what a relief!
REG - MAY 2012
FAR - ?? 2012
BEC - ?? 2012





