HOW TO AUDIT INVENTORY (IAS 2) - Inventory Audit Working Paper

This is awesome thank you ( from a first year auditor

You re the perfect senior(in charge) to all Audit jrs :)

Thank you so much. Question: Why is the recalculated cost $100,000, and not $ 50,000 since the formula is quantity multiplied to cost?

Going back to Audit after 4 years watching your videos to refresh my memory. I was an audit intern and honestly watching your videos is better than how i was taught before. This is so much simpler and easy to understand.

Is audit procedure the same as substantive procedure?