Home > Term: overall review
overall review
The objective of the overall review stage of the audit is to assess conclusions reached, and evaluate the overall financial statement presentation. The overall review includes reading the financial statements and notes and considering adequacy of evidence gathered in response to unusual or unexpected balances. Results of an overall review may indicate the need for additional evidence.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: Auditing
- Company: AIS
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