Auditing inventory - Part 4 - Tests of internal controls
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Auditing inventory - Part 4 - Tests of internal controls
In this video I cover the most common internal controls over inventory and also demonstrate how to custom-design an audit procedure to test an inventory control 00:00 Introduction 01:25 Controls over purchasing 04:13 Controls over the manufacturing process 05:38 Controls over inventory movement 07:11 Monitoring controls over inventory 12:35 ...
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