Evaluating the Adequacy of the Auditor’sEvaluating the Adequacy of the Auditor’s Expert’s Work

Evaluating the Adequacy of the Auditor’s Expert’s Work

1. The auditor shall evaluate the adequacy of the auditor’s expert’s work for the auditor’s purposes, including: (Ref: Para. A32)
   1. The relevance and reasonableness of that expert’s findings or conclusions, and their consistency with other audit evidence; (Ref: Para. A33-A34)
   2. If that expert’s work involves use of significant assumptions and methods, the relevance and reasonableness of those assumptions and methods in the circumstances; and (Ref: Para. A35-A37)
   3. If that expert’s work involves the use of source data that is significant to that expert’s work, the relevance, completeness, and accuracy of that source data.
      (Ref: Para. A38-A39)
2. If the auditor determines that the work of the auditor’s expert is not adequate for the auditor’s purposes, the auditor shall: (Ref: Para. A40)
   1. Agree with that expert on the nature and extent of further work to be performed by that expert; or
   2. Perform additional audit procedures appropriate to the circumstances.