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External Audit Team

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › External Audit Team

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Kim Smith.
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  • May 26, 2022 at 3:16 pm #656500
    Melbon
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hello sir,
    What are the various tasks and obligations of the External Auditor team members? (For example of  Audit Engagement Partner, Audit Senior, Audit Junior, etc.)

    May 26, 2022 at 4:18 pm #656506
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8274
    • ☆☆☆☆☆

    Welcome to my forum!

    See here https://opentuition.com/topic/audit-senior-audit-manager-and-engagement-partner

    Other than specifying that the engagement partner is responsible for signing the auditor’s report and the overall quality of the audit, the responsibilities of the individual members of the audit team would depend on the engagement. For example, for a “small” client, all the audit work might be carried out be just one audit senior reporting directly to the audit partner. But for a “large” client, there might be more than one audit manager or audit supervisors and dozens of auditor seniors and trainees.

    It really doesn’t matter for the AA exam whether “you” are a manager or audit senior – you just answer the question (!)

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