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Physical verification can be termed as a process of comparing an organizations official list of assets with the actual assets. Most of assets that auditors verify are fixed assets, cash and inventories. With this examination, auditors personally authenticates that the assets listed on an entity's financial statements actually exist.
Stock Audits Or Inventory Audits
Physical verification can be termed as a process of comparing an organization's official list of assets with the actual assets. Most of assets that au...
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