- 20 Marks
TAI – Feb 2020 – L1 – Q3 – Audit Evidence Sources
List and explain five significant sources of audit evidence and the nature of evidence expected from each.
Question
a) The auditor should obtain sufficient and appropriate audit evidence in order to be able to form an audit opinion.
Required: a) Enumerate five (5) significant sources of audit evidence and for each source explain briefly the nature of evidence expected.
b) What is sufficient audit evidence depends upon auditor’s judgment. Explain three matters which influence such judgment.
c) Identify and explain three situations which restrict the auditor’s ability to obtain sufficient appropriate audit evidence. Give two examples for each situation.
Find Related Questions by Tags, levels, etc.
- Tags: Audit evidence, Audit Procedures, Evidence Collection, Sources, Tax Audit
- Level: Level 1
- Topic: Audit Procedures, Audit Review and Reporting
- Series: FEB 2020
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