What is the role of auditors regarding data provided by the audited entity?

The role of auditors in relation to data provided by the audited entity is crucial for ensuring the accuracy and reliability of financial and operational reporting. When auditors determine if the data meets the requirements as outlined in the organization's policies, procedures, and controls, they are effectively assessing the alignment of the data with established standards. This process includes evaluating the integrity, consistency, and completeness of the data, which is essential for a thorough audit.

By verifying that the data complies with organizational requirements, auditors can identify any discrepancies or weaknesses in internal controls. This validation process also helps to ensure that the entity can produce reliable and accurate financial statements, which is vital for stakeholder trust and regulatory compliance. Essentially, this step is fundamental in providing a fair and accurate view of the audited entity's performance and financial position.

In summary, auditors play a pivotal role in connecting the provided data with the internal standards and policies, which aids in assessing the overall effectiveness of the organization's governance and operational effectiveness.