Silver Services LLC appoints you as the auditor of the company for auditing 2019 - 2020 financial statements. You requested the management to give a written confirmation to ensure that the customers balances reflected in the financial statements are correct as the balances are selected by the management. “The receipt of the written response directly from the third party, 

in order to verify the accuracy and authenticity of information required by the auditor, form the part of the audit evidence of the auditor”. In the above case, as the auditor (you) asks for the written confirmation of the customers balances to ensure that the balances reflected in the financial statements are correct. 

Discuss any six major problems you have faced as an auditor in obtaining audit evidence from Silver Services LLC.

Answer rating: 100% (QA)

Following dificulties ave faced by the auditor in obtaining audit Evidence Inadequata records mainta... View the full answer