Your firm is the auditor of Trent Textiles, and you are planning your audit work on the inventory count, which will be carried out at the firms year end of 31 May.

Trent Textiles manufactures knitted garments, including pullovers. The production process comprises:

(a) Knitting the individual components (eg body and arms).

(b) Sewing the components together to form the finished garment.

(c) Cleaning, finishing, pressing, and folding the garments.

(d) Packing

Trent Textiles does not have a perpetual inventory system, so the value of the stock in the accounts is found from the inventory count at the year end. For management purposes, Trent Textiles carries out a full stocktaking every three months.

Your permanent file of the company confirms that it has a single factory and no internal audit department.

You have been asked by the manager in charge of the audit to suggest the work you will perform at the stages listed below.

Required:

You are required to describe:

(a) The work you will carry out prior to the commencement of the inventory count.

(b) The procedures you will check and the work you will carry out during the inventory count to ensure the companys staff have accurately recorded the stock.