International Standards on Auditing (UK) Relevant to Audit Evidence

1. International Standard on Auditing (UK) 200 – Overall Objectives of the Independent AuditorDefines the auditor’s overall responsibility, including the need to obtain sufficient and appropriate audit evidence.

2. International Standard on Auditing (UK) 230 – Audit DocumentationRequires preparation and retention of audit documentation that supports the audit evidence gathered.

3. International Standard on Auditing (UK) 315 – Identifying and Assessing the Risks of Material MisstatementGuides the understanding of the entity and environment to focus evidence gathering where risks are highest.

4. International Standard on Auditing (UK) 330 – The Auditor’s Responses to Assessed RisksAdvises on the design and performance of procedures to obtain audit evidence that responds to assessed risks.

5. International Standard on Auditing (UK) 500 – Audit EvidenceProvides detailed guidance on the nature, relevance, reliability, sufficiency and appropriateness of audit evidence.

6. International Standard on Auditing (UK) 501 – Audit Evidence — Specific ConsiderationsAddresses specialised evidence needs for certain areas like inventory and litigation.

7. International Standard on Auditing (UK) 505 – External ConfirmationsCovers audit evidence obtained directly from third parties.

8. International Standard on Auditing (UK) 520 – Analytical ProceduresDiscusses the use of analytical review as substantive evidence.

9. International Standard on Auditing (UK) 530 – Audit SamplingGuides how to select and evaluate representative samples for audit procedures.

10. International Standard on Auditing (UK) 540 – Auditing Accounting EstimatesFocuses on evidence required for complex estimates and related disclosures.

11. International Standard on Auditing (UK) 550 – Related PartiesEmphasises evidence regarding related party relationships and transactions.

12. International Standard on Auditing (UK) 580 – Written RepresentationsCovers management’s written statements as part of audit evidence.

13. International Standard on Auditing (UK) 600 – Audits of Group Financial StatementsProvides guidance on obtaining audit evidence from component auditors in group audits.