14 paragraphs found
… For purposes of this Auditing Standard, re‑performance involves the external auditor’s independent execution of procedures to validate … audit function. Re‑performance provides more persuasive evidence regarding the adequacy of the work of the internal …
… While the objectives of an entity’s internal audit function and the external auditor differ, the function may perform audit procedures … during the period in partial substitution for audit evidence to be obtained directly by the external auditor. …
… ASA 200 [24] discusses the importance of the auditor planning and performing the audit with professional scepticism, including being alert to … of documents and responses to enquiries to be used as audit evidence. Accordingly, communication with the internal …
… The external auditor shall make all significant judgements in the audit engagement and, to prevent undue use of the work of … relevant audit procedures; and Evaluating the audit evidence gathered; (Ref: Para. A18–A19) The higher the …