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Cheat Sheet .edited

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User Generated

Subject

Accounting

School

University of Phoenix

Course

ACC 491

Type

Homework

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Vafvqre47

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Running Head: AUDIT EVIDENCE AND DOCUMENTATION STANDARD 1

Audit Evidence and Documentation Standard

Name

Institution of Affiliation

Date

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AUDIT EVIDENCE AND DOCUMENTATION STANDARD 2

Introduction

A cheat sheet is a piece of paper that helps a reader by giving him/her information on a particular

subject that is well summarized for the purposes of reading and well understanding the subject.

Cheat sheets are usually and commonly used while reading for examinations, this is because they

help one in understanding a particular unit that is hard to understand and complex in nature.

Importance of audit evidence and documentation standard cheat sheet

Audit evidence is very important because they help in summarizing evidence that will be useful

and needed. Documentation, on the other hand, is very important because it helps keep the

records safely and would be used in case of need in the future, thus it will be making work easier

by just producing the documented evidence that relying on the hearse evidence.

A cheat sheet on the comparison between audit, scientific and legal evidence standards

Audit evidence is any evidence that is presented by way of oral submission. Normally audit

evidence is always used in conclusion to the fact that the materials used are fit to be audited.

Scientific evidence is evidence that is derived from a scientific point of view, this evidence is

always brought in order to prove or to disapprove on the various theories of science that have

been put in place. Lastly, legal evidence is evidence that at the face of the law it would be termed

as allowed and agreed by the law, this is usually presented so as to prove whether one is guilty or

not guilty (International Auditing Practices Committee 2019).

Consideration of Sample Sizes and Methods and how sampling affects evidence:

Sample sizes are very important mostly when audit evidence is being reviewed. Sample sizes

may be grouped in different sizes that include, small sizes and large sizes. The size of the sample

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Running Head: AUDIT EVIDENCE AND DOCUMENTATION STANDARD Audit Evidence and Documentation Standard Name Institution of Affiliation Date 1 AUDIT EVIDENCE AND DOCUMENTATION STANDARD 2 Introduction A cheat sheet is a piece of paper that helps a reader by giving him/her information on a particular subject that is well summarized for the purposes of reading and well understanding the subject. Cheat sheets are usually and commonly used while reading for examinations, this is because they help one in understanding a particular unit that is hard to understand and complex in nature. Importance of audit evidence and documentation standard cheat sheet Audit evidence is very important because they help in summarizing evidence that will be useful and needed. Documentation, on the other hand, is very important because it helps keep the records safely and would be used in case of need in the future, thus it will be making work easier by just producing the documented evidence that relying on the hearse evidence. A cheat sheet on the comparison between audit, scientific and legal evidence standards Audit evidence is any evidence that is presented by way of oral submission. Normally audit evidence is always used in conclusion to the fact that the materials used are fit to be audited. Scientific evidence is evidence that is derived from a scientific point of view, this evidence is always brought in order to prove or to disapprove on the various theories of science that have been put in pla ...
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