41 paragraphs found
When there is no written agreement between the auditor and the auditor’s expert, evidence of the agreement may be included in, for example: Planning memoranda, or related working papers such as the audit program. The policies and procedures of the …
… in conjunction with the considerations outlined in this Auditing Standard. Whether to include particular matters in … of the Auditor and the Auditor’s External Expert Relevant auditing and accounting standards, and relevant regulatory …
… Expertise in a field other than accounting or auditing may include expertise in relation to such matters …
Aspects of the auditor’s expert’s field relevant to the auditor’s understanding may include: Whether that expert’s field has areas of specialty within it that are relevant to the audit (see paragraph A17 ). Whether any professional or other standards and …
Specific procedures to evaluate the adequacy of the auditor’s expert’s work for the auditor’s purposes may include: Enquiries of the auditor’s expert. Reviewing the auditor’s expert’s working papers and reports. Corroborative procedures, such as: …
See ASA 220 Quality Control for an Audit of a Financial Report and Other Historical Financial Information , paragraphs A10 , A20-A22 …
The matters noted in paragraph 8 may affect the level of detail and formality of the agreement between the auditor and the auditor’s expert, including whether it is appropriate that the agreement be in writing. For example, the following factors may …
When management has used a management’s expert in preparing the financial report, the auditor’s decision on whether to use an auditor’s expert may also be influenced by such factors as: The nature, scope and objectives of the management’s expert’s work. …
ASA 540 [13] discusses the assumptions and methods used by management in making accounting estimates, including the use in some cases of highly specialised, entity-developed models. Although that discussion is written in the context of the auditor …