Principles relating to audit process include:

Independence

Auditors must:

• Be independent of the activity being audited
• Be free from bias and conflict of interest
• Maintain an objective state of mind throughout the audit process
• Ensure that audit findings and conclusions will be based only on the audit evidence

Evidence Based Approach

The audit evidence must:

• Be verifiable
• Be based on samples of the information available
• Ensure that proper use of sampling is made, to contribute to the confidence that can be placed on the audit conclusions