SAS 106 Section 326 Audit Evidence

This section provides guidance about concepts underlying the third
standard of field work: «The auditor must obtain sufficient appropriate audit
evidence by performing audit procedures to afford a reasonable basis for an
opinion regarding the financial statements under audit.» This section:
• Defines audit evidence;
• Defines relevant assertions and discusses their use in assessing risks
and designing appropriate further audit procedures;1
• Discusses qualitative aspects that the auditor considers in determining
the sufficiency and appropriateness of audit evidence; and
• Describes various audit procedures and discusses the purposes for
which they may be performed.