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Tag: Audit and assurance

  • Explain your understanding of ‘sufficient appropriate evidence’.

    Audit and assurance Question 4 Under ISA 500 “Audit Evidence” auditors must design and perform audit procedures to obtain sufficient appropriate audit evidence to enable the auditor to form an audit opinion. Required: (a) Explain your understanding of ‘sufficient appropriate evidence’. (2 marks) (b) Audit evidence can be obtained from a variety of different sources.…