1) Sufficient Appropriate Audit Evidence
2) Obtaining Audit Evidence
a) Compliance Procedures
b) Substantive Procedures
3) Reliability of the Audit Evidence
4) Consistency of the Audit Evidence
5) Methods of Collection of Audit Evidence (I O I C A)
a) Inspection
b) Observation
c) Inquiry and Confirmation
d) Computation
e) Analytical Review – Study of significant Ratios & Trends & Investigations.
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