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Evidence from independent third parties vs evidence from auditee

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Explain why the following statements is considered to be true.

Evidence obtained from independent third parties is generally considered more reliable than evidence obtained from auditee personnel.

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Solution Summary

You discussion contrasts internal vs. externally sourced evidence and why they are not considered the same quality of evidence. An example is given. About two paragraphs (180 words).

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There is a "pecking order" of reliability or how persuasive evidence is. The most convincing is outside knowledge parties giving the evidence since they presumably have no stake in the outcome of the audit. All other evidence is from "insiders" or folks that have a ...

Solution provided by:
Carol Sargent, PhD
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
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