What does corroborative evidence do in the context of auditing?

Corroborative evidence plays a crucial role in the auditing process by providing indirect support for the conclusions drawn during an audit. This type of evidence helps to strengthen an auditor's findings by validating them through alternative sources or methods. For instance, if the auditor's primary evidence is a financial report, corroborative evidence may come from external confirmations, historical data, or other documentation that supports the claims made in the report.

The nature of corroborative evidence is such that it does not stand alone; rather, it supplements direct evidence, enhancing the overall reliability of the auditor's conclusions. It helps to establish the credibility of the information being evaluated and reduces the risk of drawing incorrect conclusions based solely on direct evidence. Thus, in the context of an audit, corroborative evidence is essential for building a well-rounded case that can withstand scrutiny.

By combining corroborative evidence with other forms of evidence, an auditor can provide a more comprehensive assessment, ultimately leading to a more informed opinion on the financial statements being audited.