statutory audit

This query is : Resolved 

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

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

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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