71 paragraphs found
The external auditor shall read the reports of the internal audit function relating to the work of the function that the external auditor plans to use to obtain an understanding of the nature and extent of audit procedures it performed and the related …
The external auditor’s audit procedures on the body of work of the internal audit function as a whole that the external auditor plans to use provide a basis for evaluating the overall quality of the function’s work and the objectivity with which it has …
The external auditor shall determine whether the work of the internal audit function can be used for purposes of the audit by evaluating the following: The extent to which the internal audit function’s organisational status and relevant policies and …
… This Auditing Standard also applies, as appropriate, to an audit …
… have adequate technical training and proficiency in auditing. Relevant criteria that may be considered by the …
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 …
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 …
The external auditor shall make all significant judgements in the audit engagement and, to prevent undue use of the work of the internal audit function, shall plan to use less of the work of the function and perform more of the work directly: …
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 …