nt to the first-year staff training course. The instructor asked her to prepare answers for the following questions: a. How does evidence relate to assertions and to the audit report? b. What are the characteristics of evidence should an auditor be concerned with when searching for and evaluating evidence? c.List and explain the objective and ben

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
Section: Chapter Questions
Problem 1C
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sSaleha was recently hired by the accounting firm of Haron & Associates. After two weeks of joining the firm, Saleha was sent to the first-year staff training course.
The instructor asked her to prepare answers for the following questions:
a. How does evidence relate to assertions and to the audit report?
b. What are the characteristics of evidence should an auditor be concerned with when searching for and evaluating evidence?

c.List and explain the objective and benefits of financial statement audit.

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