Describe common substantive procedures

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Question 1: Analyze some common internal controls over inventories. Explain the significant inherent risks associated with inventory. Explain the process of physical inventory counts and the auditor's observation of this process.

Question 2: Describe common substantive procedures used to audit a client's property, plant, and equipment. How is depreciation audited? How are intangible assets audited?

Reference no: EM133474216

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