3.

Assess factors affecting the

evidence must be documented, clearly laying out the
evidence gathered, the auditors evaluation of that
evidence, and the conclusions reached. In this
chapter, we build on the concept of audit evidence
presented in Chapter 5 by further discussing the
type, extent, and timing of audit procedures typically
performed during a financial statement or integrated
audit.
Through studying this chapter, you will be able to achieve these learning objectives:
1. Discuss the importance of the evidence concepts
of appropriateness and sufficiency.
2. Identify factors affecting the appropriateness of
audit evidence.
3. Make professional judgments about the type and
timing of audit procedures to use to obtain audit
evidence.

4. Discuss the use of, and apply, substantive

analytical procedures.
5. Identify factors affecting the sufficiency of audit
evidence.
6. Identify issues related to audit evidence needed
for accounts involving management estimates..and statutory law.
Source: Karla M. Johnstone
University of WisconsinMadison
Audrey A. Gramling
Bellarmine University
Larry E. Rittenberg