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How do auditors obtain the information they need?

April 26, 2017auditors obtain

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How do auditors obtain the information they need?

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Auditors inspect, observe, confirm, and analyze evidence to determine whether financial statements are fairly presented. Evidence can be documentary, testimonial, physical, or analytical and must be relevant, competent, and sufficient.

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Posted

Auditors inspect, observe, confirm, and analyze evidence to determine whether financial statements are fairly presented. Evidence can be documentary, testimonial, physical, or analytical and must be relevant, competent, and sufficient.