11 November 2026

Tour the client’s facilities

What the auditor does
Visit the factory, warehouse and dispatch area. Observe how staff receive materials, store goods and record deliveries. Ask employees to explain what happens when something goes wrong.

Example and audit implication
During the warehouse tour, the auditor notices water-damaged tables stored with finished goods. Their condition raises a valuation concern. The auditor identifies the affected items and checks whether their expected selling price, after repair and selling costs, supports their recorded value.

Tiada ulasan:

Catat Ulasan