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Requirements of an assurance engagement. Reliance on experts.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Requirements of an assurance engagement. Reliance on experts.

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by Ken Garrett.
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  • May 29, 2011 at 2:09 pm #48747
    shifan
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    please can you give some examples for an assurance engagement reliance on experts and i need some explanations…

    May 29, 2011 at 7:36 pm #82634
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10606
    • ☆☆☆☆☆

    Eg valuing buildings. Auditors can’t be experts there, so they would get a real estate agent to value them.

    Another example is assessing pension fund adequacy. Actuaries are used to give their assessment of that.

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