Auditor judgment is the primary determinant in determining the amount of evidence gathered.

Question

Quizplus · Accepted Answer

Auditor judgment is crucial in determining the type and amount of evidence required to support their opinion on the financial statements. The auditor must use their professional judgment to assess the risks of material misstatement, the sufficiency and appropriateness of the evidence collected, and any limitations or constraints that may affect the strength of their conclusion. Therefore, the amount of evidence gathered ultimately depends on the auditor's judgment.

Auditor Judgment Is the Primary Determinant in Determining the Amount