A General Theory of Evidence as the Conceptual Foundation in Auditing Theory: A Comment.

Key Points

• The aim is to comment on the foundational role of evidence within auditing theory, particularly how it relates to financial fairness.
• Analysis of existing literature on auditing evidence and reasoning processes.
• Discussion of the relationship between accounting policies and internal control.
• Evaluation of implications for auditing standards and practices.
• Evidence is central to assessing the fairness of financial statements.
• Strong links exist between accounting policies and internal controls.
• The understanding of evidence influences auditor decision-making.