The auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the auditor's opinion' - ASA 500 (ISA 500). Identify the factors that may affect the sufficiency and appropriateness of audit evidence and briefly explain how they impact on these criteria.

Question

Quizplus · Accepted Answer

The Answer of The auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the auditor's opinion' - ASA 500 (ISA 500). Identify the factors that may affect the sufficiency and appropriateness of audit evidence and briefly explain how they impact on these criteria.

The Auditor Shall Obtain Sufficient Appropriate Audit Evidence to Be