32 paragraphs found
… Audit evidence means information used by the auditor in arriving at the conclusions on which the auditor’s opinion is based. Audit evidence includes both information contained in the …
… The sufficiency and appropriateness of audit evidence are interrelated. Sufficiency is the measure of the quantity of audit evidence. The quantity of audit evidence needed is …
… Audit evidence is necessary to support the auditor’s opinion and report. It is cumulative in nature … accounting records are an important source of audit evidence. Also, information that may be used as audit …
… scepticism is necessary to the critical assessment of audit evidence. This includes questioning contradictory audit evidence and the reliability of documents and …
… scepticism includes being alert to, for example: Audit evidence that contradicts other audit evidence obtained. Information that brings into …
… Because of the inherent limitations of an audit, there is an unavoidable risk that some material … the financial report may not be detected, even though the audit is properly planned and performed in accordance with … the auditor to be satisfied with less‑than‑persuasive audit evidence. Whether the auditor has performed an audit in …
… The auditor is required to use the objectives to evaluate whether sufficient appropriate audit evidence has been obtained in the context of the overall …
… judgement is essential to the proper conduct of an audit. This is because interpretation of relevant ethical requirements and the Australian Auditing Standards and the informed decisions required … of the Australian Auditing Standards and gather audit evidence. Evaluating whether sufficient appropriate audit …
… Whether an objective has been achieved is a matter for the auditor’s professional judgement. That judgement takes account of the results of audit procedures performed in complying with the … evaluation of whether sufficient appropriate audit evidence has been obtained and whether more needs to be done …
… to determine the nature, timing, and extent of further audit procedures necessary to obtain sufficient appropriate audit evidence. This evidence enables the auditor to express an …