Mich. Admin. Code R. 205.2008 - Field audit evidence and documentation
Rule 8.
(1) Auditors
must obtain sufficient and appropriate audit evidence by performing audit
procedures to provide a reasonable assurance for the conclusions reached in the
audit.
(2) Auditors must prepare
audit documentation in sufficient detail to enable an experienced auditor ,
having no previous connections to the audit, to understand from the audit
documentation the nature, timing, extent, and results of audit procedures
performed; the audit evidence obtained and its source; and the conclusions
reached.
Notes
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