You are the audit manager in the firm of DeCe& Co, an audit firm with ten national offices. One of your clients, Rocks Forever, purchases diamond jewelry from three manufacturers. The jewelry is then sold from Rocks Forever's four shops. This is the only client firm has in the diamond in the diamond industry.

You are planning to attend the physical inventory count for Rocks Forever. Inventory is the largest account on the balance sheet with each the four shops holding material amounts. Due to the high value of the inventory, all shops will be visited and test counts perform.

With the permission of the directors of Rocks Forever, you have employed UJ, a firm of specialist diamond valuers who will also be in attendance. UJ will verify that the jewelry is, in fact, made from diamonds and that the jewelry is saleable with respect to current trends in fashion. UJ will also suggest, on a sample basis, the value of specific items of jewelry.

Counting be carried out by shop staff in teams of two using pre-numbered count sheets

Required: List the audit procedures used in obtaining evidence in relation to the inventory shops