Audit Check List For Manufacturing Industry:
The audit for a manufacturer is nearly identical to the audit of any other business enterprise, except for the additional procedures around the company’s inventory balances. Auditors are required to obtain reasonable assurance that a company’s financial statements are free of material misstatement, whether caused by error or fraud. As such, auditors design specific procedures to test inventory balances for manufacturers. Understanding some of the more common procedures can help you prepare for your audit.
Recommended Read: Audit Manual 2014-2015 Small and Medium Enterprises
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Click here Download Audit Check List For Manufacturing Industry
Download Audit Check List For Manufacturing Industry
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