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Verfication of audit items

monirul sk (CMA) (78 Points)

11 June 2013

how , we remember various point about varification of assests & liabilities likes;plant & machinery,goodwill, loose tools etc.?

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CA Rajat Bajaj (Job) (1042 Points)
Replied 11 June 2013

If we remember something, we will forgot surely, the thing we have to done is not remember but Learn, you are going to audit or have done some audits then you will automatic learn how to check something, and you will not need to remember. It is quiet easy task, just apply your practicle knowledge.