Please which form of audit evidence is more reliable :
Auditor generated evidence OR
External evidence like 3rd party confirmations?
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Audit Evidence
11y ago#1The auditor generates all evidence by analytical procedures, enquiry, confirmation, observation, inspection, reperformance and recalculation.
So you have not presented alternatives: 3rd party confirmations mean that auditor has, for example, organised a receivables cirrulation or has, for example, reconciled supplier statements to the payables accounts.
My question is: How can I arrange the following audit evidences with the most reliable first:
A. Oral evidence by client
B. Cash count performed by the auditor
C. Written evidence by management
D. Supplier statements
Thank you
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