Doubt in Basic words in Audit.

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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details