When inventory is counted on a date other than the balance-sheet date,no additional procedures would normally be required to satisfy generally accepted auditing standards.

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Generally accepted auditing standards require auditors to perform additional procedures when inventory is counted on a date other than the balance-sheet date. These procedures may include testing the accuracy and completeness of the inventory count and determining if there are any subsequent events that may affect the inventory balance.

When Inventory Is Counted on a Date Other Than the Balance-Sheet