If the inventory count is done at a date other than the end of the year,the auditor does not have to observe the inventory count but should perform his own count at year end.

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If the inventory count is done at a date other than the end of the year, the auditor should still observe the inventory count or perform his own count near the date of the client's count. This is because inventory can fluctuate throughout the year, and the auditor needs to ensure that inventory is properly valued at year-end.

If the Inventory Count Is Done at a Date Other