Objectivity and competence may be viewed as a continuum.  The more the internal audit function’s organisational status and relevant policies and procedures adequately support the objectivity of the internal auditors and the higher the level of competence …

Application of a Systematic and Disciplined Approach   (Ref: Para. 15(c)) …

Factors that may affect the external auditor’s determination of whether the internal audit function applies a systematic and disciplined approach include the following: The existence, adequacy and use of documented internal audit procedures or guidance …

Circumstances When Work of the Internal Audit Function Cannot Be Used   (Ref: Para. 16) …

The external auditor’s evaluation of whether the internal audit function’s organisational status and relevant policies and procedures adequately support the objectivity of the internal auditors, the level of competence of the internal audit function, and …

Consideration of the factors in paragraphs A7 , A8 and  A11 of this Auditing Standard individually and in aggregate is important because an individual factor is often not sufficient to conclude that the work of the internal audit function cannot be used …

Sources of Audit Evidence (Ref: Para. 13 ) …

In addition, the relevant ethical requirements [17] , [*]  state that a self‑review threat is created when the external auditor accepts an engagement to provide internal audit services to an audit client, and the results of those services will be used in …

Determining the Nature and Extent of Work of the Internal Audit Function that Can Be Used Factors Affecting the Determination of the Nature and Extent of the Work of the Internal Audit Function that Can Be Used   …

Once the external auditor has determined that the work of the internal audit function can be used for purposes of the audit, a first consideration is whether the planned nature and scope of the work of the internal audit function that has been performed, …