Menu
Audit planning for a large retailer
what's the best approach to tackle these clients?.
Replies (1)
A large retailer has B TO B AND B TO C CUSTOMERS.
MAINLY LARGE RETAILER DEALS WITH VARIETY OF GOODS OR MANY TYPES OF GOODS .
AUDIT PLANNIBG OF A LARGE RETAILER:
1. IF THERE IS LOSS OF REVENUE THEN INTERNAL CONTROL MUST BE DEVELOPED .
2. IF THERE IS ADEQUATE INTERNAL CONTROL REVENUR LEAKAGE CANNot BE CURBED.
3. LOSS OF REVUNUE DUE TO INADEQUAte internal check.
3establish and have a control over the internal check points.
MAINLY LARGE RETAILER DEALS WITH VARIETY OF GOODS OR MANY TYPES OF GOODS .
AUDIT PLANNIBG OF A LARGE RETAILER:
1. IF THERE IS LOSS OF REVENUE THEN INTERNAL CONTROL MUST BE DEVELOPED .
2. IF THERE IS ADEQUATE INTERNAL CONTROL REVENUR LEAKAGE CANNot BE CURBED.
3. LOSS OF REVUNUE DUE TO INADEQUAte internal check.
3establish and have a control over the internal check points.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
