Which option is NOT a method to gather audit evidence?

Which option is NOT a method to gather audit evidence?

• A. Analytical procedures
• B. Enquiry
• C. Interviews
• D. External confirmation directly from third party

Answer: (C)

Gaining audit evidence relies on techniques that yield information which can be verified or tested independently. Among common methods, analytical procedures involve comparing expectations with actual results to identify unusual trends; enquiry is a formal questioning of management and others to obtain information; and external confirmations provide direct evidence from third parties. Interviews, while useful for understanding processes or obtaining insights, are not a standalone method for gathering audit evidence because the information obtained is largely dependent on memory, honesty, and interpretation. It relies on individuals’ statements rather than independent data, so it’s less reliable unless supported by corroborating documents or third-party confirmations. In practice, an interview may guide where to look, but it should be backed up by more objective evidence to form a solid audit conclusion.

Gaining audit evidence relies on techniques that yield information which can be verified or tested independently. Among common methods, analytical procedures involve comparing expectations with actual results to identify unusual trends; enquiry is a formal questioning of management and others to obtain information; and external confirmations provide direct evidence from third parties.

Interviews, while useful for understanding processes or obtaining insights, are not a standalone method for gathering audit evidence because the information obtained is largely dependent on memory, honesty, and interpretation. It relies on individuals’ statements rather than independent data, so it’s less reliable unless supported by corroborating documents or third-party confirmations. In practice, an interview may guide where to look, but it should be backed up by more objective evidence to form a solid audit conclusion.