ICANAudit & AssuranceUsing the Work of Others and Internal Audit2023

Where the external auditor uses the work of a management's expert, responsibility for the audit opinion:

AIs shared with the expert
BPasses to the expert for that area
CRemains solely with the external auditorCORRECT
DPasses to those charged with governance
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
The auditor's responsibility for the opinion is not reduced by using the work of an expert, and the audit report must not refer to the expert unless required by law and with an explanation that responsibility is undiminished.
Want this in Pidgin, Yoruba, Igbo or Hausa? Sign up free →

Practice more Audit & Assurance questions

ICAN Audit & Assurance has thousands more questions like this — with Worked answers on every one.

Start practicing free →See all Audit & Assurance questions