Analytical procedures Archives

Which of the following types of audit evidence is generally the most reliable?

Posted on February 15, 2023 by Shady

ASSIGNMENT The following questions concern audit evidence and audit documentation. Choose the best response.a. According to PCAOB audit standards, audit documentation must be retained for b. Which of the following types of audit evidence is generally the most reliable?(1) one year.(2) three years.(3) five years.(4) seven years.(1) A bank confirmation(2) A bank statement(3) Analytical procedures(4) […]

Discuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements.

Posted on February 9, 2023 by Shady

REVIEW QUESTIONS 7-1 (OBJECTIVE 7-1) Discuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements. 7-2 (OBJECTIVE 7-2) List the four major evidence decisions that must be made on everyaudit. 7-3 (OBJECTIVE 7-2) Describe what is meant by an audit procedure. Why is it important foraudit […]

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Tag: Analytical procedures

Which of the following types of audit evidence is generally the most reliable?

Discuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements.