L9 Notes_Part_1 - Competence = f(relevance, independence of...

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Types of Evidence
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Four Evidence Decisions What Kind? 1. Audit Procedures (competence) How Much? 2. Sample size for a given procedure (sufficiency) 3. Items to select from the procedure (sufficiency) When? 4. Timing (timeliness)
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Characteristics of Evidence Persuasiveness Of Evidence = f(competence, sufficiency, timeliness)
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Unformatted text preview: Competence = f(relevance, independence of provider, IC, qualifications of provider, objectivity) Sufficiency = f(materiality, risk, expectation) Timeliness = f(planning, beginning of audit, coverage of entire years transaction processing, interim testing, closeness to B/S date, end of audit)...
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L9 Notes_Part_1 - Competence = f(relevance, independence of...

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