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Auditing Standard

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ISA 500 380
INTERNATIONAL STANDARD ON AUDITING 500
AUDIT EVIDENCE
(Effective for audits of financial statements for periods beginning on or after December 15, 2009)
CONTENTS
Paragraph
Introduction
Scope of this ISA ........................................................................................ 1−2
Effective Date ............................................................................................. 3
Objective .................................................................................................... 4
Definitions .................................................................................................. 5
Requirements
Sufficient Appropriate Audit Evidence ....................................................... 6
Information to Be Used as Audit Evidence ................................................. 7−9
Selecting Items for Testing to Obtain Audit Evidence ................................ 10
Inconsistency in, or Doubts over Reliability of, Audit Evidence ................ 11
Application and Other Explanatory Material
Sufficient Appropriate Audit Evidence ....................................................... A1−A25
Information to Be Used as Audit Evidence ................................................. A26−A51
Selecting Items for Testing to Obtain Audit Evidence ................................ A52−A56
Inconsistency in, or Doubts over Reliability of, Audit Evidence ................ A57
International Standard on Auditing (ISA) 500, “Audit Evidence” should be read in conjunction with ISA 200, “Overall Objectives of the Independent Auditor and the
Conduct of an Audit in Accordance with International Standards on Auditing.”
AUDIT EVIDENCE
381 ISA 500
AUDITING
Introduction
Scope of this ISA
1. This International Standard on Auditing (ISA) explains what constitutes audit evidence in an audit of financial

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