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CS Professional · Compliance Management, Audit and Due Diligence · Internal Audit and Performance Audit

Having decided to use some work of the internal audit function of Rohan Steels Ltd, the external auditor wants to assess the adequacy of that work beyond reperformance. Which procedure is listed in SA 610 (Revised)?

The auditor may review the internal audit function's work program and working papers. SA 610 (Revised) also lists making inquiries of appropriate individuals in the function and observing procedures performed, in addition to reperformance. Simply accepting conclusions or substituting plans does not evaluate quality.

  1. AReviewing the internal audit function's work program and working papersCorrect
  2. BAccepting its conclusions on the management representation letter
  3. CReplacing the audit plan with the internal audit plan
  4. DAsking the audit committee to approve the internal audit findings

Explanation

The listed procedures are inquiries of appropriate individuals within the function, observing procedures performed, and reviewing its work program and working papers. The other options are not listed means of evaluating quality.

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