4-23 A diverse number of companies employ outside service companies that specialize in

counting, pricing, calculation and verification of inventory totals. These companies of

services generally prepare a certificate attesting the value of the physical inventory

Assuming the utility company took inventory from the customer's company on the date

balance sheet:

to. What confidence, if any, can auditors have in the certificate of inventory of specialists

external? Analyze

b. What effect, if any, would the inventory certificate from the external specialists have on the type

information that the auditors would present? Analyze

c. What reference, if any, would the auditors make in their audit report to the certificate of the

external specialists?