Audit evidence

Audit evidence

Audit evidence is evidence obtained during a financial audit and recorded in the audit working papers. [cite web |title=Audit evidence |publisher=abrema.net |date=undated |url=http://www.abrema.net/abrema/au_ev_g.html |accessdate=2007-08-07]

* In the audit engagement acceptance or reappointment stage, audit evidence is the information that the auditor is to consider for the appointment. For examples, change in the entity control environment, inherent risk and nature of the entity business, and scope of audit work.

* In the audit planning stage, audit evidence is the information that the auditor is to consider for the most effective and efficient audit approach. For examples, reliability of internal control procedures, and analytical review systems.

* In the control testing stage, audit evidence is the information that the auditor is to consider for the mix of audit test of control and audit substantive tests.

* In the substantive testing stage, audit evidence is the information that the auditor is to make sure the appropriation of financial statement assertions. For examples, existence, rights and obligations, occurrence, completeness, valuation, measurement, presentation and disclosure of a particular transaction or account balance.

* In the conclusion and opinion formulation stage, audit evidence is information that the auditor is to consider whether the financial statements as a whole presents with completeness, validity, accuracy and consistency with the auditor's understanding of the entity.

See also

* International Standards on Auditing
* ISA 500 Audit Evidence
* HKSA 500 Audit Evidence
* Financial statement assertions

References

External links

* http://www.auditservices.com/aevidence.html
* [http://www.apb.org.uk/images/uploaded/documents/ISA%20_UK%20and%20Ireland_%20500.pdf ISA (UK and Ireland) 500 - Audit Evidence, concept]


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Audit evidence — records, statement of fact or other information which are relevant to the audit criteria (p. 3.3 ISO 19011:2002). Источник …   Словарь-справочник терминов нормативно-технической документации

  • audit evidence — Information that supports or refutes an *audit objective. Lee (1993, 172) distinguishes between evidence (the overall basis for audit reporting) and evidential material (the various means by which auditors construct their evidence to support… …   Auditor's dictionary

  • audit evidence — The evidence required by an auditor on which to base an audit opinion on the financial statements of the company whose accounts are being audited. Sources of information include the accounting systems and the underlying documentation of the… …   Accounting dictionary

  • audit evidence — The evidence required by an auditor on which to base an audit opinion on the financial statements of the company whose accounts are being audited. Sources of information include the accounting systems and the underlying documentation of the… …   Big dictionary of business and management

  • ISA 500 Audit Evidence — Editing ISA 500 Audit Evidence is one of the International Standards on Auditing. It serves to expect the auditor is to obtain audit evidence from an appropriate mix of tests of control systems and substantive tests of transaction and balances.It …   Wikipedia

  • ISA 501 Audit Evidence - Additional Considerations for Specific Items — is one of the International Standards on Auditing. It sets out guidance additional to the ones in ISA 500 Audit Evidence to help auditor to obtain audit evidence with respect to the below certain specific financial statement account balances and… …   Wikipedia

  • свидетельства аудита ( audit evidence) — 3.3 свидетельства аудита ( audit evidence) Записи, изложение фактов или другая информация, которые имеют отношение к критериям аудита (3.2) и могут быть проверены. [ГОСТ Р ИСО 19011 2003, статья 3.3] Источник …   Словарь-справочник терминов нормативно-технической документации

  • свидетельства аудита (audit evidence) — 3.3 свидетельства аудита (audit evidence): Записи, изложение фактов или другая информация, которые имеют отношение к критериям аудита (3.2) и могут быть проверены. Примечание Свидетельства аудита могут быть качественными или количественными.… …   Словарь-справочник терминов нормативно-технической документации

  • Audit — systematic, independent, documented process for obtaining records, statements of fact or other relevant information and assessing them objectively to determine the extent to which specified requirements are fulfilled (p. 4.4 ISO/IEC 17000:2004).… …   Словарь-справочник терминов нормативно-технической документации

  • Audit working papers — are the documents which keeping all audit evidences obtained during financial statements auditing. Audit working paper is to be able to support the audit works done in order, sufficient and assurance audit evidences have been obtained and… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”