| gen. |
inventory and work-in-progress (Alexander Demidov); stock and work in progress (International Standard on Auditing (ISA) (UK and Ireland) 501 ‘Audit Evidence – Specific Considerations for Selected Items' includes requirements and application material relating to inventory (stock and work in progress – ‘stocks') and, in particular, obtaining audit evidence by attendance at physical inventory counting (stocktakes). Alexander Demidov); stock and work-in-progress (FA 1998, s 42 and ITTOIA 2005, s 25 provide that businesses should recognise GAAP in calculating stock and work-in-progress. Alexander Demidov) |
