What is Direct assistance from internal auditors?
In short
Internal auditors provide direct assistance when they perform audit procedures under the direction, supervision and review of the external auditor.
Key takeaways
- It isn't allowed for procedures involving significant judgments or high assessed risks.
- It isn't allowed if threats to the internal auditors' objectivity are significant or their competence is insufficient.
- The entity must agree in writing not to interfere with the work.
Where it's tested
AUD: Group Audits & Using Others' Work — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Regardless of how much the external auditor uses the work of internal auditors, the external auditor must: