3. Questions requiring answering briefly(1) List three kinds of audit tests and describe their objectives. (2) State five procedures which auditors can use to obtain audit evidence. And discuss the qualityof the evidence created by third parties, giving two examples of this type of audit evidence.

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Business

Accounting

3. Questions requiring answering briefly (1) List three kinds of audit tests and describe their objectives.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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(2) State five procedures which auditors can use to obtain audit evidence. And discuss the quality
of the evidence created by third parties, giving two examples of this type of audit evidence.

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