A2M6

Question 1

Reference to the auditor’s external specialist

Answer 1

Does NOT reduce the auditor’s responsibility for that opinion

Question 2

Work of a specialist who is related to the client

Answer 2

may be acceptable under certain circumstances

The auditor should consider testing themselves to determine that the findings are not unreasonable or should engage another specialist for that purpose.

Question 3

What tests can the auditor allow the internal auditor

Answer 3

Allow the internal auditor to perform tests of internal controls

Question 4

When an audit specialist is used for a client audit and the auditor gives an unmodified opinion

Answer 4

then no reference to the work of the specialist is needed or should be made in the report

Question 5

Although the appropriateness & reasonableness of methods or assumptions used and their application are the responsibility of the specialist,

Answer 5

the auditor should obtain an understanding of the methods or assumptions used in order to determine whether the findings are suitable for corroborating the representations in the FS.

The auditor should also consider the relevance & reliability of source data used by the specialist