Practical aspects of the application of the methodology of auditing inventories in commercial organizations

The article discusses the practical aspects of the application of the methodology of auditing inventories in commercial organizations, taking into account the changes introduced by the FSAS "Inventories", approved by Order of the Ministry of Finance of the Russian Federation from November 15, 2019 № 180n. The problematic issues of reflecting the results of the audit in the auditor's working papers on the assessment of receipt and write-off of inventories, unfinished production are outlined. A brief description of the substantive audit procedures to be used during the audit is given. The approaches to the choice of methods of conducting an audit of inventories, which will contribute to increasing its quality, are offered.