Question
Prepare a Cheat Sheet that briefly describes Audit Evidence and Documentation Standards, which includes the following topics. Each topic should be 90 to 175 words:
Prepare a "Cheat Sheet" that briefly describes Audit Evidence and Documentation Standards, which includes the following topics. Each topic should be 90 to 175 words:
Comparison of Audit, Scientific and Legal Evidence Standards. JEN
Consideration of Sample Sizes and Methods (random, haphazard, monetary unit sample, judgmental) and how sampling affects evidence.
Relevance, Reliability and Sufficiency of Evidence.
Brief statement on the 80 types of audit evidence (physical examination, observation, confirmations, inquiry, recalculation, etc.).
Purpose, Ownership, Confidentiality and Retention of Documentation.
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