ISA 500 (Audit Evidence)

its main objectives are:

1. To provide guidance to auditors in designing and performing audit procedures to obtain sufficient appropriate audit evidence.

2. To ensure that auditors plan and conduct the audit in a systematic manner, covering all relevant aspects of the audit engagement.

3. To facilitate effective communication between the auditor, those charged with governance, and other stakeholders regarding the audit process and its outcomes.

4. To enhance the quality and credibility of audit reports by ensuring that auditors gather and evaluate audit evidence rigorously and objectively.

5. To promote consistency and comparability in auditing practices across different audit engagements and jurisdictions.