Audit Evidence

includes written and electronic information (such as checks, records of electronic fund transfers, invoices, contracts, and other information) that permits the auditor to reach conclusions through reasoning.

Audit evidence includes information (documents, confirmations, observations, recalculations, analytics) that supports the auditor’s conclusions. Evidence must be sufficient (quantity) and appropriate (quality and relevance).

- Used in audit planning to understand risks and design procedures.
- Used during testing (controls/substantive) and documentation of audit evidence and conclusions.

- Example: The auditor references **Audit Evidence** when designing procedures and documenting conclusions in the audit file.

- Why it matters: Supports high-quality, defensible audit conclusions and helps detect material misstatements and control weaknesses.