Identify all additions to property, plant, and equipment that were a result of significant repairs and maintenance for follow-up testing. How many items are identified? What further audit procedures will the auditor perform for these items?
Your client, Schroeder Manufacturing Co., provided the following schedule of property, plant, and equipment for the year ended June 30, 2019. Balances have been agreed to the general ledger. As part of the audit, the in-charge has asked you to perform procedures related to testing additions to the accounts using data provided by the client. […]