Australian Government
Auditing and Assurance Standards Board
Wednesday, November 9, 2022
The relevance and reliability of data to be used as audit evidence is fundamental to obtaining sufficient and appropriate audit evidence. A new AUASB Bulletin Evaluating the Reliability of Data obtained for Use in Audit Technology Tools has been issued to assist auditors in evaluating the reliability of data when using technology. This publication follows on from the previously issued AUASB Bulletin Integrity of Data Obtained for the Purpose of an Audit of a Financial Report.
This Bulletin was developed by the AUASB with the support of members of our AUASB Technology Project Advisory Group, comprising of representatives from across the profession who are experts on the application of technological tools and techniques in connection with financial statement audits.
Further information on the use of Technology in the Audit is available on a dedicated implementation support page on the AUASB Website.
The AUASB is committed to supporting auditors in the use of technology and are interested in feedback on areas where guidance would be beneficial. Please contact the AUASB at [email protected] if you have any queries.