3h 25min, feb 10, 2025 y - MM Packaging Key WP Review

Description:

Goods only, Manufacturing
Full scope Bradford, Newmarket PM 675k
Specified procedures for CC PM 450k
Separate TB's

Bradford
sig risks (revenue, m/overide, accruals)
Revenue
-Substantive
-wrong sample size calculated
-MLPs
-VAT not tested
Journals
-tab1; no corroboration on client comments. legal claims exist
-tab3; spikes not investigated
-tab6,7,8; no corroboration
-tab9; corroborated well
Inventories
-stocktake; no issues
-costing is cost cap method (SP-cost)
-provision not tested due to immaterial
-no AR done
Accruals
-Manufacturing client utilities cost completion

Newmarket & CC
same for

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