ASSIGNMENT
Contrast audit evidence with evidence used by other professions.
Specify the characteristics that determine the persuasiveness of evidence.
Identify and apply the eight types of evidence used in auditing.
Identify how auditors incorporate data analytics and other advanced technologies in an audit.
Compute common financial ratios.
Prepare organized audit documentation.
List the purposes of audit documentation and explain why each purpose is important.
2. Explain why it is important for audit documentation to include each of the following: identification of the name of the client, period covered, description of the contents, initials of the preparer and the reviewer, dates of the preparation and review, and an index code.
