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Ma’am how is “using the work of internal audit” different from “using the internal audit to provide direct assistance”? Could you explain by giving a small explanation followed by 1-2examples?
Sincere Regards,
Reliance on the work of internal audit is very similar to reliance on management’s expert – the auditor is relying on the internal audit function/management’s expert in their capacity as employees of the client.
Direct assistance can be thought of as the internal auditor being seconded to the external auditor to assist in the auditor. This is prohibited in many jurisdictions, including the UK and as an AAA topic rather than an AA topic.
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