Evaluate the obtained evidence

In this step, you evaluate the relevance and reliability of the information to be used as evidence. For example, identify whether the evidence obtained from one source is inconsistent with that obtained from another.

To evaluate the obtained evidence in a Review engagement, complete the following worksheets:

• 4-10-1 Worksheet - Accumulation of identified misstatement - identification
• 4-10-2 Worksheet - Accumulation of identified misstatements document - procedures

You can also document your notes on significant matters by completing the 4-20 Notes on significant decisions worksheet. For example, list the identified significant matters or document any changes or additions to procedures to resolve the matter and the conclusions reached.