Evidence gathering is an iterative process. Comment.

The evidence gathering and evaluation is a simultaneous, systematic and an iterative process and involves: Gathering evidence by performing appropriate audit procedures; Evaluating the evidence obtained as to its sufficiency (quantity) and appropriateness (quality); Re-assessing risk and gathering further evidence as necessary. The evidence gathering and evaluation process should continue until the auditor is satisfied that sufficient and appropriate evidence exists to provide a basis for the auditors' conclusion.