In connection with your examination of the financial statements of Camry Products Co$,$ a limited liability Company, for the year ended $31$ March $20$X$9,$ you are reviewing the plans for a physical inventory count at the company's warehouse on $31$ March $20$X$9.$ The company assembles domestic appliances, and

inventory of finished appliances, unassembled parts and sundry inventory are stored in the warehouse

which is adjacent to the company's assembly plant. The plant will continue to produce goods during the

inventory count until $5$pm on $31$ March $20$X$9.$ On $30$ March $20$X$9,$ the warehouse staff will deliver the

estimated quantities of unassembled parts and sundry inventory which will be required for production

for $31$ March $20$X$9$; however, emergency requisitions by the factory will be filled on $31$ March. During

the inventory count, the warehouse staff will continue to receive parts and sundry inventory, and to

dispatch finished appliances. Appliances which are completed on $31$ March $20$X$9$ will remain in the

assembly plant until after the count has been completed.

As an auditor, justify the following requirements:

$($a$)$ List the principal procedures which the auditors should carry out when planning attendance at a

company's physical inventory count.

Justify as a case: How does a company's inventory management system impact the auditor's planning

process for attending a physical inventory count?

$($b$)$ Describe the procedures which Camry Products should establish in order to ensure that all inventory

items are counted and that no item is counted twice.

Justify as a case: How does Camry Products' establishment of procedures to ensure accurate and non$-$

duplicated inventory counts impact the auditor's planning process for attending a physical inventory

count