CTHRepealedLegislation
ASA 501 - Existence and Valuation of Inventory - April 2006
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CONTENTS
PREFACE
AUTHORITY STATEMENT
Paragraphs
Application.................................. 1-2
Operative Date................................ 3
Introduction.................................. 4-6
Internal Control Structure......................... 7-9
Attendance at Physical Inventory Counting............. 10-28
Inventory Under Control or Custody of a Third Party...... 29
Valuation of Inventory........................... 30-32
Conformity with International Standards on Auditing...... 33