Audit Field Standards: Audit of Fixed Assets. Pertemuan 12. Learning Objectives. Understanding Audit Field Standards of Audit of Fixed Audit Understanding Internal Control of Fixed Assets Understanding Audit Objectives of Fixed Assets Being able to design Audit Procedures of Fixed Assets
(revenue expenditure vs capital expenditure)
are steps to be done sequentially to achieve the audit objectives of fixed assets.
(Boynton, Modern Auditing 8 edition)
Assignment for students:
Write an hypothetical audit finding of fixed assets !