a. What characteristics an audit evidence should possess to be termed as sufficient and appropriate audit evidence?
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Question:
a. What characteristics an audit evidence should possess to be termed as sufficient and appropriate audit evidence? (6 marks)
b. What options does an auditor has if the audit evidence obtained is not sufficient and appropriate? (3 marks)
c. Briefly explain the methods of collection of audit evidence as prescribed by ISA 500.
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 978-0133852103
6th edition
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
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