User:AU DE PEPA 206

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ISA 501 Audit Evidence - Additional Considerations for Specific Items is one of the International Standards on Auditing. It serves to require auditor to consider particular factors for some specific items.

The example is long-term investment, auditor normally consider if the entity has the ability to hold it in the long-term, discuss the matter with management and obtain written representation (Management representation) and get more audit evidences from alterative sources.