audit evidence definition

audit evidence

Basis on which an auditor expresses audit opinion on the accounts and financial operations of the firm being audited. Auditors obtain such evidence from tests that determine how well accounting controls work (called 'compliance tests') and tests of accounting details such as completeness and disclosure of information (called 'substantive tests').

audit evidence is in the Accounting & Auditing and Banking, Commerce & Finance subjects.

audit evidence appears in the definition of the following term: mathematical evidence

This content can be found on the following page:

http://www.businessdictionary.com/definition/audit-evidence.html