Why auditors need to attain audit evidence, Financial Management

Why auditors need to attain audit evidence

When significant fluctuations/unexpected relationshipsare identified which are inconsistent with  other  relevant  information  or  that  deviate  from  predicted  patterns,  auditors  must investigate and obtain adequate explanations and appropriate corroborative evidence.Auditors need to attain sufficient appropriate audit evidence that information being used for analytical procedures is reliable.


Posted Date: 9/3/2013 5:06:10 AM | Location : United States

Related Discussions:- Why auditors need to attain audit evidence, Assignment Help, Ask Question on Why auditors need to attain audit evidence, Get Answer, Expert's Help, Why auditors need to attain audit evidence Discussions

Write discussion on Why auditors need to attain audit evidence
Your posts are moderated
Related Questions
Q. Security Required in Bank Finance? 1) Hypothecation: Under this arrangement, the borrower is provided with working capital finance by the bank against the security of mova

The following are various types of orders prevalent in the US markets: Market Order : The most common form of order is the market order, which means the order to buy or sell at

Exit strategy Venture capitalists and other financiers will negotiate an exit strategy at the point of advancing the money. The exit strategy will involve them realising their

Table 1:  Politics Stability of the existing government structure National/provincial government r

Investing Surplus Cash : Cash not required for temporary periods of short durations can be invested in near-cash assets, i.e. marketable securities which are readily convertible in

Advantages of ARR: It is simple to calculate and easy to catch. With the help of this technique, direct comparisons among proposed projected of varying lives with no bu

The Relationship between Futures Price and Cash Price Any commodity that can be bought in the market has a price, which is referred to as cash or spot price for immediate deliv

applicablility of operating cycle of broilers[poultry] in uganda

In a floating rate security, the coupon rate changes periodically as per the reference rate. The yield to maturity of floating rate securities cannot be calculated as