71 paragraphs found
… For purposes of this Auditing Standard, re‑performance involves the external …
The objectives of the external auditor, where the entity has an internal audit function and the external auditor expects to use the work of the function to modify the nature or timing, or reduce the extent, of audit procedures to be performed directly by …
… This Auditing Standard applies to: an audit of a financial report …
In accordance with ASA 260, [23] the external auditor is required to communicate with those charged with governance an overview of the planned scope and timing of the audit. The planned use of the work of the internal audit function is an integral part …
… of the function that are relevant. References in this Auditing Standard to the work of the internal audit function …
As a basis for determining the areas and the extent to which the work of the internal audit function can be used, the external auditor shall consider the nature and scope of the work that has been performed, or is planned to be performed, by the internal …
… Carrying out procedures in accordance with this Auditing Standard may cause the external auditor to … audit function and whether further application of this Auditing Standard is necessary. …
Objectivity refers to the ability to perform those tasks without allowing bias, conflict of interest or undue influence of others to override professional judgements. Factors that may affect the external auditor’s evaluation include the following: Whether …
While the objectives of an entity’s internal audit function and the external auditor differ, the function may perform audit procedures similar to those performed by the external auditor in an audit of a financial report. If so, the external auditor may …
… the internal audit function in paragraph 15 of this Auditing Standard and the determination of the nature and … for purposes of the audit in paragraphs 18–19 of this Auditing Standard remain appropriate. …