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View Full Version : QQ6) Reliability of Audit Evidence



vervicy
06-10-08, 02:35 AM
The new audit trainee of your firm of auditors has asked you to advise him on the reliability of the following types of third party evidence:

1) Valuation of land and buildings by a valuer

11) the replies to a debtors' circularisation

111) the letter received from the bank.

Required

discuss the reliability of each of the types of third party evidence listed in (1) to (111) above, and consider the accuracy of the valuations they provide.