ASA 610 encourages the external auditor to utilise the work of internal auditors and other objective parties within the organisation when performing the assessment of internal control over financial reporting.

Question

Quizplus · Accepted Answer

ASA 610 acknowledges that the external auditor can use the work of internal auditors and other objective parties to obtain audit evidence, as long as the external auditor evaluates and concludes on the adequacy and effectiveness of the work for the purposes of the audit.

ASA 610 Encourages the External Auditor to Utilise the Work