Quality Management of an Individual Audit (7) Flashcards
1
Q
How is audit supervised>
A
By the engagement partner
2
Q
How is more practical supervision given within the audit team?
A
By senior staff to more junior staff
3
Q
What does this practical supervision include (Tracking)
A
Tracking the progress of the audit engagement
4
Q
What does this practical supervision include (Capabilities)
A
Considering capabilities and competence of individual members of the team
5
Q
What does this practical supervision include (Addressing)
A
Addressing significant issues arising during audit engagement and modifying planned approach appropriately
6
Q
What does this practical supervision include (Consultation)
A
Identifying matters for consultation or consideration by more experienced engagement team members during audit engagement
