BMC Associates says Replied on 23rd May,2026 12:03 PM

Various factors that help to ascertain sufficient and appropriate audit evidence include the nature of the audit procedure, risk of material misstatement, reliability and source of information, materiality of the item, auditor’s past experience, and effectiveness of internal controls within the organization. The auditor must collect enough relevant and reliable evidence to support the audit opinion. These principles are regularly applied by chartered accountant firms in Gurgaon, chartered accountant Gurgaon professionals, CA firms in Gurgaon, and experienced CA in Gurgaon while conducting statutory and internal audits.