Discussion Post: Audit Procedures for Property, Plant, and Equipment
Overview
In this discussion, you will prepare a 2 to 3 pages professional document that fully addresses the requirements specified in the case. Include at least two current references to scholarly and/or authoritative sources.
Instructions
Specifically you will need to:
o Explain the audit procedures for acquisition and disposal of property, plant, and equipment related to the occurrence, accuracy, and completion assertions.
o Using examples, explain and demonstrate how auditing the disposal of property, plant, and equipment provides evidence of depreciation expense.
o Form conclusions about a selected sample of acquisitions of property, plant, and equipment.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.