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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