Friday, 27 May 2011

Key Points for Collecting Evidences

Key Points for Collecting Evidences

1. Physical existence of the assets

2. Authoritative documents

3. Statement by third parties

4. Calculation by the auditor

5. Satisfactory Internal Control

6. Subsidiary or detailed records

7. Subsequent action of the company

8. Formal statement by company’s officers

9. Interrelationship with in the data examined.

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