It is a well-known fact that Inventory management is a nightmare. The inventory audit should not have to be.
Prepare your audit team by joining us on this informative webinar in which we navigate the audit of the inventory line item. Whether it is retail or manufacturing stock, let us show you the way.
This session will also look at common review findings and deficiencies and how to avoid these.
• Understanding the Inventory Assertions
• Understanding the Inventory Line item
o Type of inventories
o Inventory system
o Costing methods
• 10 Step plan to obtaining sufficient appropriate evidence
• Procedures to perform per assertion
• Tax implications to consider
• Common deficiencies and review findings
☒Auditors
☒First year SAICA Trainees
☒Second year SAICA trainees
☒Third year SAICA trainees
☒Fourth year SAICA trainees
☒Fifth year SAICA trainees
☒Audit mangers
☒Audit partners
