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Author Question: The auditor must gather sufficient and appropriate evidence during the course of the audit. ... (Read 103 times)

Adc3669

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Question 1

Given the economic and time constraints in which auditors can collect evidence regarding management assertions about the financial statements, the auditor normally gathers evidence that is
◦ irrefutable.
◦ conclusive.
◦ persuasive.
◦ completely convincing.

Question 2

The auditor must gather sufficient and appropriate evidence during the course of the audit. Sufficient evidence must
◦ be well documented and cross-referenced in the audit documents.
◦ be based on sources that are external to company.
◦ provide evidence that prove or disprove an audit objective/assertion.
◦ be persuasive enough to enable the auditor to issue an audit report.


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Marked as best answer by Adc3669 on Aug 21, 2022

leilani49

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Adc3669

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Reply 2 on: Aug 21, 2022
:D TYSM


adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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