because their is a lot of people\]
Audit queries are questions asked by an auditor during an investigation. These may be used to gather information to come to a conclusion in the audit.
Audit procedure is the process followed while auditing an entity which may include:Confirm the audit assignmentComplete appropriate planningExecute actual internal audit workDevelop a report
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.
It is the review to verify the sufficiency of documentation for defining work and of records as evidence of satisfactory work completion.
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit
internal audit evidence is all the information the auditor relies on to arrive at any conclusion.
Audit queries are questions asked by an auditor during an investigation. These may be used to gather information to come to a conclusion in the audit.
management evidences and direct conformation evidence
Substantive procedures performed by the auditor during the substantive testing stage of the audit that gather evidence as to the completeness, validity and/or accuracy of account balances and underlying classes of transactions.
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Audit procedure is the process followed while auditing an entity which may include:Confirm the audit assignmentComplete appropriate planningExecute actual internal audit workDevelop a report
something you use to gather evidence that you cant see.
An inconclusive audit is one in which the evidence presented is not definite under the specific requirements needed. Information that may be conclusive in other situations can sometimes be inconclusive during an audit.
it meens you have to be accurateit meens you have to be accurate
You gather and process evidence and testimony.
Data
Lick it