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Types of Audit Evidence

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This article will discuss various topics related to audit evidence including the types of evidence the procedures used by auditors to gather the evidence and its quality. Many SMSF auditors use audit evidence in multiple and different forms and sources. Document Hierarchy Structure For Documents Compliant In Iso 9001 And Cmmi Document Management System Hierarchy Documents Physical examinations confirmations documentation analysis procedures inquiries. . A Forensic Audit is the scrutiny and evaluation of a companys financial record to obtain proof or evidence to present in the court of law. Each type is used to achieve a specific purpose depending on the purpose of the audit the client and the assertion being. Audit evidence is the information auditors obtain in performing their audit work in order to form the basis of their opinion on financial statements. Documentations are in the form of third-party confirmation. Testimo...