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GENERAL PRINCILES OF AUDITING
Audit Evidence (Continued…)
• Sufficient Evidence – quantity of evidence obtained
• Have I gathered enough? Important because auditors make
extensive use of samples.
• It answers the question, how many items must be tested in
a population?
• NB – Evidence is cumulative and many procedures
complement each other.
• Quantity of audit evidence relates to the “extent of testing”
which is a component of the audit plan, the other two being
nature and timing.
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CharterQuest
