(ii) Identify and explain the principal audit procedures to be performed on the valuation

(ii) Identify and explain the principal audit procedures to be performed on the valuation of the investment

properties. (6 marks)

(ii) Additional audit proceduresAudit procedures should focus on the appraisal of the work of the expert valuer. Procedures could include the following:– Inspection of the written instructions provided by Poppy Co to the valuer, which should include matte