What types of evidence should be available for the auditor's review?

The identification of documented evidence of controls and processes is crucial for the auditor’s review because this type of evidence provides tangible proof of the operational framework and compliance measures in place within the organization. Documented evidence typically encompasses policies, procedures, and records that demonstrate how controls are designed and implemented, ensuring that the organization adheres to regulations and internal standards.

Having this documentation allows the auditor to assess the effectiveness of the internal controls and ensures that they are functioning as intended. It also facilitates an understanding of risk management practices and helps in evaluating whether the organization maintains accountability and transparency in its operations.

While testimonials from employees, training materials, and financial performance reports can offer valuable insights and context, they do not provide the same level of assurance as documented processes and controls. Documents serve as a reliable source, offering a concrete basis for the audit findings and conclusions, which is why they are deemed critical in the audit process.