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ASA 620 - Using the Work of an Auditor’s Expert - October 2009
Nature, Scope and Objectives of the AudiNature, Scope and Objectives of the Auditor’s External Expert’s Work
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Nature, Scope and Objectives of the Auditor’s External Expert’s Work
- The nature and scope of the procedures to be performed by the auditor’s external expert.
- The objectives of the auditor’s external expert’s work in the context of materiality and risk considerations concerning the matter to which the auditor’s external expert’s work relates, and, when relevant, the applicable financial reporting framework.
- Any relevant technical performance standards or other professional or industry requirements the auditor’s external expert will follow.
- The assumptions and methods, including models where applicable, the auditor’s external expert will use, and their authority.
- The effective date of, or when applicable the testing period for, the subject matter of the auditor’s external expert’s work, and requirements regarding subsequent events.