Auditing is based on the assumption that
financial data are verifiable. Data are
verifiable when two or more qualified
individuals,
a. Working together, can prove, beyond
doubt, the accuracy of the data.
b. Working independently, can prove,
beyond reasonable doubt, the
truthfulness of the data.
c. Working independently, each reach
essentially similar conclusions.
d. Working together, can agree upon the
accuracy of the data
financial data are verifiable. Data are
verifiable when two or more qualified
individuals,
a. Working together, can prove, beyond
doubt, the accuracy of the data.
b. Working independently, can prove,
beyond reasonable doubt, the
truthfulness of the data.
c. Working independently, each reach
essentially similar conclusions.
d. Working together, can agree upon the
accuracy of the data