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ASA 610 - Using the Work of Internal Auditors - October 2009
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Definitions
- For purposes of the Australian Auditing Standards, the following terms have the meanings attributed below:
- Internal audit function means an appraisal activity established or provided as a service to the entity. Its functions include, amongst other things, examining, evaluating and monitoring the adequacy and effectiveness of internal control.
- Internal auditors means those individuals who perform the activities of the internal audit function. Internal auditors may belong to an internal audit department or equivalent function.