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ASA 610 - Using the Work of Internal Auditors - November 2013
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Objectives
- [Deleted by the AUASB. Refer Aus 1.2]
Aus 13.1 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 the external auditor are:
- To determine whether the work of the internal audit function can be used, and if so, in which areas and to what extent;
and having made that determination:
- If using the work of the internal audit function, to determine whether that work is adequate for purposes of the audit.