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Management reports and data files as audit evidence

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The auditors do have ways to verify the accounts. List the management reports and data files that can be used for audit evidence. What information in them can be useful to auditors? 100 words please.

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Solution Summary

This solution discusses the types of management reports and data files that are useful to the auditor. The information that can be obtained and the reasons for obtaining the information are also discussed.

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There are many different types of management reports and data files that can be used for audit evidence. The auditor needs to analyze the accounts to determine which accounts are the most susceptible to fraud, and also which accounts have substantial transactions. Data files and management reports ...

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