Use of Other Auditor. Rene Lodeve, Reviseur dEntreprises, has been hired by BelleRei, N.V., a Liege, Belgium,
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Use of Other Auditor. Rene Lodeve, Reviseur d’Entreprises, has been hired by BelleRei, N.V., a Liege, Belgium, company. Lodeve will audit all accounts except those of a subsidiary in Spain, which represents 15% of the total sales of BelleRei, which is audited by an ‘other accountant’, Jeme Indigena.
Required:
A. What procedures would Lodeve perform to determine whether Indigena has sufficient professional competence to perform the work?
B. If Lodeve concludes that he cannot depend on the work of Indigena, and he cannot perform additional procedures, what sort of audit opinion should Lodeve give?
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Related Book For
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
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