Doubt in Basic words in Audit.

272 views 3 replies
Can anyone explain with examples with below mention words.
1.Persuasive evidence.
2.Conclusive Evidence.
3.Absolute assurance.
4.Reasonable Assurance.
5.Inherent
Replies (3)
persuasive means which explains the details and elaborate the evidence to justify it
conclusive means which only provide conclusion whether misstatements exist or not
absolute means auditor gives 100 percent assurance that there are not even a single misstatement..and completely reliable...here auditor have to check each and every a minor transaction and items
reasonable means auditor , without being negligent performs procedures and provides assurance that upto his ckecking as per standards
that no misstatement is found in financial statements
Thank you so much.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details