Question
Describe substantive procedures you should perform to obtain sufficient, appropriate audit evidence in relation to the following matters: property plant and equipment, revaluation, additions, disposals
Describe substantive procedures you should perform to obtain sufficient, appropriate audit evidence in relation to the following matters:
- property plant and equipment,
- revaluation,
- additions,
- disposals
- and depreciation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Substantive procedures for revaluation of property plant and equipment PPE Obtain a schedule of all PPE revalued during the year and cast to confirm completeness and accuracy of the revaluation adjust...
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Step: 2
Step: 3
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
