【多选题】103 The audit engagement partner has requested that additional audit procedures be performed in order to conclude on the level of adjustment needed in relation to the above inventory issue. Which TWO ...
A.
Obtain a copy of the aged inventory report and use computer assisted audit techniques to verify the accuracy of the report. Discuss the valuation of slow moving inventory with the production director.
B.
Review the internal audit reports of the inventory count to identify the level of adjustments made to the records, in order to assess the reasonableness of relying on the inventory records for the purpose of the year end audit.
C.
Perform test counts of inventory in the warehouse and compare these first to the inventory records, and then from inventory records to the warehouse, in order to assess the reasonableness of the inventory records maintained by Ash.
D.
Review Ash’s sales order book for February, March and April 20X5 to estimate the level of inventory that will need to be produced in the new accounting period to fulfil customer demand.