Auditors need to obtain evidence on a cost-effective basis, and consequently, the nature of audit evidence is
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Question:
Auditors need to obtain evidence on a cost-effective basis, and consequently, the nature of audit evidence is persuasive rather than conclusive
Required
1.Explain fully why evidence is always persuasive and never conclusive?
2. Is there a difference in the level of persuasiveness evidence provides? Explain
Related Book For
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
Posted Date: