THE STOCK AUDIT OF THE ENTITIES OF THE CONSTRUCTION FIELD

Abstract

The stocks undergo a continuous cycle of aquisition, the use of the production and respectively sale, in both cases, both the producing entities and the merchants- the stocks and the sale cost are significant for the financial situations and for the apreciation of the achieved performances.The financial audit has to have certainty that the stocks are properly highlighted in the accounting records according to proper legislation applicable to the audited entity and the applicable accounting standards.

Keywords

• audit, stocks recognition,inherent and checking risks, detail tests