WAYS OF STRENGHTENING THE STATUTORY AUDIT EFFICIENCY
The integrity of the auditor’s opinion and the audit process conducting effectivenesshangs on the professional judgment applied on obtaining, processing and interpreting the internal andexternal information. Documentation is based on all the audit evidence collected through proceduressuch as: inspection, confirmation, documentation etc. Audit evidence is used to determine whether thefinancial statements present the economic reality of transactions and if they faithfully reflect thefinancial position of the company. To achieve a reasonable assurance, the auditor should gathersufficient and high quality audit evidence so that the view expressed in the report of the independentauditor should be based on a credible and relevant background.
Year of publication: |
2009
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Authors: | Oprean, Ioan ; Span, Georgeta Ancuta |
Published in: |
Annales Universitatis Apulensis Series Oeconomica. - Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia. - Vol. 1.2009, 11, p. 25-25
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Publisher: |
Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia |
Subject: | audit evidence | audit procedures | professional judgment | reasonable assurance |
Saved in:
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