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In the practicality, it is almost impossible to get the 100% perfect evidence. So, with the best judgement on the case and the situation, fairly enough evidence is used for audiging.

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In auditing what is Persuasive evidence?

Persuasive evidence in auditing refers to the information or documentation that is compelling enough to convince auditors of the accuracy and fairness of financial statements. It is typically more reliable and relevant than mere opinion or anecdotal information. This type of evidence includes corroborative data such as third-party confirmations, detailed transaction records, and substantive tests, which help auditors form a reasonable basis for their conclusions. Ultimately, persuasive evidence enhances the credibility of the audit findings.


What is the purpose of audit working papers?

Audit working papers are used to support the audit work done in order to provide assurance that the audit was performed in accordance with the relevant auditing standards. They show the audit was:Properly planned;Carried out;There was adequate supervision;That the appropriate review was undertaken; & finally and most importantly;That the evidence is sufficient and appropriate to support the audit opinion.


What is Auditing practices and methodology of firms?

What is Auditing practices and methodology of firms?"


What is government auditing?

Government audit is process of auditing of government organization's account by government auditors. Government auditing is carried out to assess the performance of public accountability by government entities.


What Security auditing is handled by?

The security auditing is usually handled by the professional auditing firms. Such firms usually hire professional accountants and auditors to help them with the same.

Related Questions

Can you give me a sentence for sufficient?

Have you had sufficient to eat? The police did not have sufficient evidence to prosecute.


What is inadequate evidence?

Evidence which is not sufficient to prove a contention to the standard required is inadequate.


What is the medical abbreviation meaning quantity sufficient?

QS is the medical abbreviation meaning quantity sufficient.


What is the purpose of workpapers in the auditing process?

Workpapers in the auditing process serve as a detailed record of the auditor's procedures, findings, and conclusions. They provide evidence of the work performed and support the audit opinion given by the auditor.


What is dual testing in auditing?

Dual testing consists of two forms of testing that are used for auditing purposes. Both substantive tests or tests of controls are used to gather evidence that the client verification procedure was effective.


What does background evidence mean?

It's evidence where sufficient background is required to understand the laws of nature.


Is there not enough evidence to convict the suspect in the case?

The evidence may not be sufficient to convict the suspect in the case.


Is Luca Mexican?

We do not have sufficient evidence to prove wether he is or isn't :/


Can you give me a sentence with the word sufficient?

The evidence provided was sufficient to support the conclusion.


Is an IP address sufficient evidence to convict someone of a crime?

No, an IP address alone is not sufficient evidence to convict someone of a crime. Additional evidence is typically needed to establish a connection between the IP address and the individual responsible for the crime.


Can trespassing get you convicted?

Yes, trespassing is a crime, and if there is sufficient evidence you did it, you will be convicted.


What is the rule in state v hoying?

All of these. There was sufficient evidence to sustain consecutive sentences, a jury could find the messatges to cause mental distress and that there was sufficient evidence to sustain maximum sentences.