What are the steps involved in "Audit and Assurance"?

Review Movement under the entries and output of some varieties and matching their assets with inventory and match them with the purchase invoices.2. Ensure regular enrollment cards and records stores.3-verification of a periodic inventory of stores and make sure to do a sudden inventory of samples from the assets of the stores from time to time.4. Verify that the stock does not include non-owned goods.5. Check the status and quality of inventory and preparing the statement of slow-moving or damaged varieties.6. examine the foundations and methods of inventory pricing.7. Verify the integrity of stored items and keep them intact8. make sure there is no record of personal era described by the types and quantities received.

9. measure the efficiency and adequacy of personnel stores suitable for the realization of their expertise in charge of it and how.10. Ensure that all stores exit permit was issued based on the sales invoice or request for the needs of the supported operating.11-verify that the addition to the inventory made after confirmation of the safety of goods purchased and the signing of Technical Officer or the competent committee or responsible for production.12-validation inventory display a list of the health of the financial position and display a list of cost of goods sold business results.13. make sure there is a lock on the inventory and study duration and validity and terms of contracts.14-Viewing settlement changes between inventory quantities beginning of the year and the end of the year with records of purchases, production and sales.

15. inventory turnover compared to a year examination with inventory turnover rate last year for examination.16. verification of the cost of the important materials and components with suppliers' bills.17-review materials involved in the production operating under full production with supporting evidence - bills Exchange warehouses -18-Revision industrial indirect expenses involved in the production operating under full production with supporting evidence - User costs -19-examine the foundations of the development of standards and the cost of the actual costs of deviations from standard mil of materials, wages and other expenses.20. matching opening and closing balances of inventory with purchases and records of production and sales.

21. verification of the gross profit percentage for each product or each section.22. Verification of deviations year with the approved budget estimates approved.23-review inventory of finished goods and components under operating - materials, labor, industrial indirect expenses - and compare it with previous years.24. measure the chronological age of the production under operation.-25 found on work carried out payments and payments under the account to make sure the correct her treatment.Send a26-approvals in the event of a stock with an external party to make sure that there are no obligations on those goods.27. examination shows no difference between notebook inventory and actual inventory.

28. Revision sales returns to validate the impacts on the inventory records.29-Custom Scan falling value of inventory including follow-up items that appeared damaged or slow motion or varying in payroll inventory.30. Review the inventory allocated for the reconstruction of the adequacy of the estimate. 31-checking inventory lists to verify the separation of raw materials safety and operating under full production, production and goods purchased for resale.