January 18, 2012 - 3:21pm
#1
Does anybody perform audit procedures in conjunction with the opening of a new branch? We have 2 locations opening this year, and I am planning to perform limited procedures to verify the basic security of the locations and the propriety of the accounting (i.e. useful lives, date in service, capitalize/expense, etc). However, I would be curious if anybody does anything more in depth. Thanks, Scott Adams