31386 paragraphs found
The external auditor shall also evaluate whether, in aggregate, using the work of the internal audit function to the extent planned would still result in the external auditor being sufficiently involved in the audit, given the external auditor’s sole …
The external auditor shall, in communicating with those charged with governance an overview of the planned scope and timing of the audit in accordance with ASA 260, [7] communicate how the external auditor has planned to use the work of the internal …
If the external auditor plans to use the work of the internal audit function, the external auditor shall discuss the planned use of its work with the function as a basis for co‑ordinating their respective activities. …
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 shall perform sufficient audit procedures on the body of work of the internal audit function as a whole that the external auditor plans to use to determine its adequacy for purposes of the audit, including evaluating whether: The work …
The nature and extent of the external auditor’s audit procedures shall be responsive to the external auditor’s evaluation of: The amount of judgement involved; The assessed risk of material misstatement; The extent to which the internal audit function’s …
The external auditor shall also evaluate whether the external auditor’s conclusions regarding the internal audit function in paragraph 15 of this Auditing Standard and the determination of the nature and extent of use of the work of the function for …
The external auditor shall not use internal auditors to provide direct assistance on the external audit engagement. …
Paragraphs 26-35 have been deleted by the AUASB as the use of internal auditors to provide direct assistance is prohibited in an audit or review conducted in accordance with the Australian Auditing …