with Colm Divilly
Auditing fixed assets, investments, stocks, debtors and bank and cash.
This 2 hour module will provide guidance on the design and execution of audit verification procedures that will provide sufficient and appropriate audit evidence in relation to these asset classes.
Participants will be encouraged to use their knowledge of the client and the client’s business to design appropriate client specific verification procedures.
Common deficiencies in the verification of these asset classes will be outlined to illustrate the results of poor execution of audit verification procedures.