Substantive Procedures Tangible NCA

Yearend balance as at 31 December 2021-$7,800,000

Step 1:

$
Land and Building 1,800,000
Plant and Machinery 3,500,000
Computer Equipment 2,000,000
Motor Vehicles 300,000
Fixtures and Fittings 200,000

Step 2:

Step 3:

Step 4: Test Assertions

Existence:

Completeness:

Rights & Obligation:

Accuracy, valuation, allocation

New Additions Disposals Revaluation Depreciation