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







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TYPES OF WORKING CAPITAL Working capital can be split up into two categories on the basis of time. They are Permanent Working Capital and Temporary or Variable Working capital