About stock audit
Ajay kumar (None) (34 Points)
11 March 2017Ajay kumar (None) (34 Points)
11 March 2017
CA Amrita Chattopadhyay
(Audit & Assurance)
(13029 Points)
Replied 29 March 2017
When you do the stock audit, you need to compare the physical balance with the balance as shown in the books. External documents are considered reliable as compared to the internal documents generated by the company. Documents from banks and third party are collected to ensure the authenticity
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