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Big data and audit evidence1 2
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Big data and audit evidence
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Introduction
The traditional view of evidence
“Audit evidence is all the information, whether obtained from audit procedures or other sources that is
used by the auditor in arriving at the conclusions on which the auditor's opinion is based. Audit
evidence consists of both information that supports and corroborates management's assertions
regarding the financial statements or internal control over financial reporting and information that
contradicts such assertions. (PCAOB, AS 15)”
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The emerging data environment
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An audit ecosystem to administer a progressively automated audit
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What forms of evidence are emerging from the Big Data environment?
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