Before using the work of internal audit, the external auditor must evaluate internal audit's:

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Accepted Answer

Objectivity, competence and systematic and disciplined approach. ISA 610 requires evaluation of the internal audit function's objectivity, technical competence and application of a systematic and disciplined approach, including quality control, before its work is used.

Answer

A) Cost to the company

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B) Objectivity, competence and systematic and disciplined approach

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C) Length of service

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D) Reporting line to the finance director only

Before using the work of internal audit, the external auditor must evaluate internal audit's:

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