REQUIRED:

$2\mathrm{.}1$ Formulate the test of controls that you would carry out during the inventory

count on $04$ August $2023$ for Smell Good Ltd$.$

$(10$ marks$)$

$2\mathrm{.}2$ Formulate the substantive audit procedures you would perform over the

inventory count for Smell Good Ltd$.,$ and after each substantive audit

procedure formulated, provide the applicable assertion.

$(30$ marks$)$