Audit evidence is the information that an auditor uses when arriving at their opinion on
the truth and fairness of their client's financial report.

Question

Quizplus · Accepted Answer

Audit evidence is a crucial component in the audit process, and it includes information obtained from various sources like client documents, physical inspection, inquiries from management, analytical procedures, and other external sources. The auditor uses this evidence to support their opinion on the financial statements' fairness and accuracy.

Audit Evidence Is the Information That an Auditor Uses When