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statutory audit

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(Querist)
18 September 2009 hello sir,
can i use any costing technique while doing the statutory audit of a factory of a FMCG company?
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Ankur Garg

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Ankur Garg (Expert)
18 September 2009 You are allowed to use all valid methods and techiniques to figure out whether accounts of the company are representing true and fair view.

Views of other experts solicited.

Regards
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Kaustuv

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Kaustuv (Expert)
19 September 2009 you can adopt any substantive analytical procedures. thats not a problem. But it would have been easier to answer had I known what you are targeting to achieve?
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