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Develop an audit program for verifying fixed assets at Amazon.com, Inc. based on the following fixed asset schedule: Asset Cost ($) Accumulated Depreciation ($) Land
Develop an audit program for verifying fixed assets at Amazon.com, Inc. based on the following fixed asset schedule:
Asset | Cost ($) | Accumulated Depreciation ($) |
Land | $500,000 | - |
Buildings | $1,200,000 | $400,000 |
Machinery | $800,000 | $200,000 |
Vehicles | $300,000 | $100,000 |
Include procedures for testing additions, disposals, and impairment.
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