Question
The standard of fieldwork requires an auditor to obtain sufficient competent evidential matter to support the opinion to be rendered on a client's financial statements.
The standard of fieldwork requires an auditor to obtain sufficient competent evidential matter to support the opinion to be rendered on a client's financial statements.
A)Identify and describe at least three types of evidence that you would have considered in the ZZZZ Best Company Case.Be sure to take into consideration the evidence to be reliable, relevant, valid and competent.
B) Third party confirmations, in most cases,yield reliable evidence in support of the existence assertion. However ,the quality of such evidence is largely dependent upon the nature of the relationship between the client and the third party providing the confirmation.
Design an audit program to address the confirmation to address this issue.
B)Design an audit program to test ZZZZ Best Company's insurance restoration revenues.
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