(a) In accordance with ISA 501: Audit Evidence – Specific Considerations for Selected Items, outline what an auditor should do:
(ii) Where physical inventory counting is conducted at a date other than the date of the financial statements.
(iii) If she/he is unable to attend physical inventory counting due to unforeseen circumstances.
(b) Explain each of the five fundamental principles of the Code of Ethics and Conduct.
Distinguish between positive and negative confirmations.