Question: The independent external auditor decides that it is efficient to consider how the internal auditors work might affect the nature, timing, and extent of audit
The independent external auditor decides that it is efficient to consider how the internal auditors work might affect the nature, timing, and extent of audit procedures. Thus, the independent auditor should assess both the competence and objectivity of the internal auditors. For each of the following procedures, select from the option list provided to show whether it is appropriate for assessing competence, objectivity, both, or neither. Each choice may be used once, more than once, or not at all.
ProcedureAnswer Update or obtain information about the supervision and review of internal auditors work.
Update or obtain information about the policies regarding the employment of relatives of internal auditors in auditsensitive positions.
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