It is necessary to have another approach in the inventory evaluation in the context of establishing the audit materiality
Author:
Professor PhD. LaurenĊ£iu DOBROĊ˘EANU
JEL:
DOI:
Keywords:
inventories, safety inventory, explanatory notes, professional judgment
Abstract:
The inventories represent an important asset of any company, having a direct link with the profit and loss account because any under-evaluation or over-evaluation of the inventories lead to a corresponding under-evaluation or an over-evaluation of the result.\r\n\r\n