Audit Evidence
Audit Evidence
Audit Evidence
- The auditor should obtain sufficient appropriate evidence to be able to draw reasonable
conclusions on which to base the audit opinion.
- Evidence refers to the information obtained by the auditor in arriving at the conclusions
on which the audit opinion is based.
- Consists of:
o Underlying accounting data – accounting records underlying the financial
statements
Books of accounts
Related accounting manuals
Worksheet
Supporting cost allocations
Reconciliations prepared by the client personnel