– obtain a schedule of the $1 million damaged cola products and cast

– during the inventory count identify the damaged goods and agree to the schedule

– discuss with management whether these goods have a net realisable value (nrv)

– if any goods sold post year end, agree to sales invoice to assess nrv

– agree the cost of the inventory to supporting documentation to verify the raw material cost,

– quantify the level of adjustment required to value inventory at the lower of cost and nrv and