8 Tips for Substantiating Performance Audit Observations and Conclusions
Audit standards require auditors to collect sufficient appropriate evidence to support their conclusions. To demonstrate that this requirement has been met, it is common practice for audit teams to prepare substantiation files that present, for each section of a performance audit report, the relevant evidence that was collected and explain how this evidence supports the conclusions reached.
In this Audit Tips, we provide 8 tips that will help performance auditors to prepare substantiation files that are clear, complete, and easy to review.