- This topic has 1 reply, 2 voices, and was last updated 9 years ago by
.
- Posts
Does the work of internal audit need to be documented if placed reliance on or direct assistance and an agreement with management , and what does it refer to when it says internal auditor work can’t be referred
Internal audit work will be documented by them, rather as an ecternal audit would be: work done, evidence found etc.
If external auditors are going to place reliance on IA work, they have to review it by examining the documentation.
I don’t know what’s meant by the phrase: ‘internal audit work can’t be referred’. Do you mean ‘internal audit work can’t be referred to in the external auditor’s report’? That means that the external auditor can’t mention that some work was done by IA and that they are relying on that. External auditors can’t try to shift their responsibilities to other parties.
- You must be logged in to reply to this topic.