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Inventory Audit Program and Procedures by Leah Mae Nolasco is a document available to read on EtoBox.

What is Inventory Audit Program and Procedures about?

The document outlines an audit program for inventories and cost of goods sold. It lists 15 audit objectives that include verifying the existence, ownership, valuation, classification, and disclosure of inventories. It then describes 15 audit procedures to test inventory quantities, pricing, cutoff, and classification. The purpose is to determine if inventories and cost of goods sold are fairly stated on the financial statements.

Author

Leah Mae Nolasco

Language

EN