The audit partner for Kumar Ltd is assessing the resources required to complete the audit. The partner

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The audit partner for Kumar Ltd is assessing the resources required to complete the audit. The partner is aware that Kumar Ltd has a material balance in specialised machinery and decides that an expert will be needed to provide evidence for the valuation assertion for the machinery.


Required
Explain what sources the auditor partner could use to gather information about the competence, capabilities and objectivity of an expert.

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Related Book For  book-img-for-question

Auditing A Practical Approach

ISBN: 9780730364573

3rd Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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