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Warehouse staff counted specific areas

05 / 03 / 2018 Assignment

This paper circulates around the core theme of Warehouse staff counted specific areas together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 159. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Describe audit procedures to ensure: 
(a) the accuracy of the summary of property plant and equipment 
(b) all items of a capital expenditure are included in additions for the year and that no revenue expenditure has been capitalized 
(c) the depreciation rates are calculated appropriately. 


Section B

You attended the inventory count of your client B Ltd. You observed the following during the count. 
1.    Warehouse staff counted specific areas of the stock as determined by the warehouse 
Supervisor; staff members, including the warehouse supervisor, were allocated their own 
area to count. 

2.    Several blank paper sheets were issued to count staff for recording stock counted. 

3.    Staff were instructed to write down the stock description and number counted. 

4.    Staff were told to write the stock quantities in pencil on the sheets to ensure errors can be 
corrected. 

5.    Any staff that completed a section early were allocated to another area to help out one of the 
other staff. 

6.    The supervisor collected all sheets at the end of the count to finalise the stock count. 


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