After reviewing the documents obtained and pending from the client, I noticed that some documents such as the unpaid sales invoice listing were still pending. I reached out to the auditor regarding the pending documents but did not receive a response. Without waiting for the auditor's response, I directly contacted the client and was instructed to list down all the pending documents in an email.
Subsequently, I received some documents and focused on the stock movement card provided by the client for the inventory aging test. This document contained information on quantity in/out, unit price, balance, and total for the quantity in and issued out. I consulted with my senior to confirm if this information was sufficient to perform the inventory aging test, and he confirmed that it was.
With the guidance of my senior, I proceeded with the inventory aging test.
Main things that have learnt:
To learn how to deal with auditor that is not responsive
To learn how to perform inventory aging test
Comment/idea/opinion
N/A
Comments