Audit evidence is a key component of an external audit. In the absence of audit evidence, the entire audit process becomes unreliable. Auditors place great emphasis on the collection, collation, and interpretation of audit evidence. How would one critically review the importance of audit evidence from a practical and theoretical viewpoint, especially when determining the nature and amount of audit evidence to be gathered

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Basically investigating the significance of audit proof requires looking at its importance from both practical and theoretical viewpoints especially concerning the assurance of the nature and measure ... View the full answer