An auditor wants to ensure that he has complete knowledge of all locations where a company's inventories are stored. Since all such storage…
CA Intermediate · Auditing and Ethics · RTP · September 2026
An auditor wants to ensure that he has complete knowledge of all locations where a company's inventories are stored. Since all such storage locations are stated to be taken on rent, the auditor seeks an independent source of audit evidence to verify whether all inventory storage locations have been disclosed by management: Which of the following is the most relevant audit procedure in this regard?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
(a) Inspecting GST registration certificate downloaded from GST portal
Topics: Audit Evidence, Audit of Items of Financial Statements
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