What is Sufficient appropriate audit evidence?
In short
Sufficient appropriate audit evidence is evidence that is enough in quantity (sufficiency) and good enough in quality, meaning relevant and reliable (appropriateness), to support the auditor's opinion.
Key takeaways
- More evidence is needed where risk is higher, and less where the evidence is of higher quality.
- Evidence from independent outside sources, obtained directly by the auditor, documentary and original is generally more reliable.
- Getting more evidence doesn't make up for poor-quality evidence.
Where it's tested
AUD: Evidence: Types & Procedures — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Which source of audit evidence is generally considered most reliable?