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Im quite confused regarding reliance on internal auditors work,
I’ve read that its prohibited to use direct assistance or referring the work of auditor ? By referring what is implied in this situation and if yes then for what purpose is internal audit work used for?
External auditors can obtain direct assistance form internal auditors. For example, if a client has a chain of ten shops, the external auditor might attend inventory counts in two shops the internal auditor in eight. However, the external auditor must review the work done by the internal auditors (as well as ensuring they are properly trained and supervised).
In the audit report, the external auditor is solely responsible for the audit opinion and cannot dilute that responsibility by saying that some work was carried out by internal audit.
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