This Standard on Auditing (S A) explains what constitutes audit evidence in an audit of financial statements, and deals with the auditor’s responsibility to design and perform audit procedures to obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the auditor’s opinion. 2.

2012年7月11日 · standard of Auditing 500 was revised in 1.04.2009 by the Institute of Chartered Accountants of India. Auditor needs to form an opinion after checking books of accounts. For the purpose of examining books auditor should obtain audit evidence to form a conclusion and to support his examination.

This Standard on Auditing (SA) deals with the auditor’s use of analytical procedures as substantive procedures (“substantive analytical procedures”), and as procedures near the end of the audit that assist the auditor when forming an overall conclusion on the financial statements.

2023年5月5日 · Explore a quick reference for Standards on Auditing (SA) 500 – Audit Evidence. Learn about the scope, objectives, and key considerations, ensuring sufficient and appropriate audit evidence for a reliable opinion.

SA 500 – Audit Evidence • This SA is applicable to all the audit evidence obtained during the course of the audit • Other SAs like SA 570 on Going Concern, SA 520 on Analytical Procedures deal with audit evidence to be obtained in

2024年3月19日 · SA 500: Audit Evidence. Obtain sufficient appropriate audit evidence to support the audit opinion. Inspect supporting documents, perform substantive testing, and obtain confirmations from third parties to corroborate financial statement assertions. SA 501: Audit Evidence - Specific Considerations for Selected Items

In fulfilling the requirement of paragraph 8 of SA 500, when performing audit sampling, the auditor performs audit procedures to obtain evidence that the population from which the audit sample is drawn is complete.

SA 500 'Audit Evidence' is a revised version of the erstwhile Auditing and Assurance Standard (AAS) 5, “Audit Evidence” issued by the ICAI in 1988. The revised SA is quite detailed in terms of what constitutes audit evidence in an audit of financial statements, and deals with the auditor's responsibility to design and

2024年7月3日 · SA 500 explains what constitutes audit evidence in an audit of financial statements. It deals with the auditor’s responsibility to design and perform audit procedures to obtain sufficient appropriate audit evidence to draw reasonable conclusions on which to base the auditor’s opinion.

Standards on Auditing Chapter 1 9.2 SA 500 - 599 (2) SA 500 “Audit Evidence”: (i) Meaning and Nature of audit Evidence: (a) Meaning: Any information on which auditor based his opinion, is known as audit evidence. Information may be internal / external or …