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Inventory materiality - CARO, 2016 vs SA 501

Auditing

SA 501 only deals with inventories which are material to FS. Is it same for CARO? Or in case of CARO, all inventory irrespective of their materiality?


Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

01-Dec-20 22:06

333

Answers (1)

Best Answer

All inventory in respect of CARO.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

02-Dec-20 08:01

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