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AMIT KumarAMIT Kumar asked 12 months ago

what is mean corroborate conclusion

1 Answers
RaviRavi Staff answered 12 months ago

at end of the audit compare audited financial statement with previous year
compute % change
if these changes are as per evidence in audit files
that means these % changes are corroborating, supporting / proving audit evidence in files
eg sales increased by 20%
we were expecting it as new products were launched during the year as per evidence in audit file 

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