AUDIT EVIDENCE GROUP 8
GROUP 8 1. LOW SHI YING 10DAT19F1040 2. LEE PEI YING 10DAT19F1017 3. NUR ANIS ASFA BINTI JOHARI 10DAT19F1008 4. FITRI NUR ATIRAH BINTI ROSLI 10DAT19F1019 INTRODUCTION Audit evidence refers to information or data use or collects by auditors as part of their audit works so that they could conclude their opinion on whether or not financial statements are prepared in all material respect and accordance with the applicable financial reporting frameworks. Audit evidence is obtained by the auditor throughout all of the audit stages, including the planning stage, execution stage, and conclusion stages. And to gather this evidence, the auditors use many different technologies and procedures suitable for them. QUESTION 1 Describe how the auditor verifies the accuracy of the aged trial balance. ANSWER: The auditor verifies the accuracy of the aged trial balance using the following steps: A copy of the aged trial balance of accounts receivable is obtained from the client. Compared the total bala