Approaches to conducting an audit of material and production stocks: issues of planning the audit and choice of audit procedures

The article considers approaches to the audit of materially-production resources in various organizations in accordance with the requirements of the international standards on auditing of the Russian Federation. The features and main factors that affect the planning of materially-production resources audit, as well as the preparation of the strategy and audit plan for this section are highlighted. The main audit procedures necessary for conducting an audit of materially-production resources, including in relation to certain types of activities and the specifics of various industries and organizations, are defined.