[MCLKT]

I think I’m getting the requirements for the two confused. Can anyone clarify? Test is Tuesday and I’m reaching “brain is fried mode”…

Shared Responsibility – Auditor wants a division of responsibility. Modify all three paragraphs, refer to other auditor but do not mention by name. Is anything additional added/included with the Audit report, like the other auditors report?

Use of a Specialist – If the findings of the specialist contribute to auditors decision to issue opinion other than unqualified-

Where does the report refer to the specialist? Does the auditor include the specialist report? I think it does, but now I can’t find it in my notes.

Thanks for any help!

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[kevlee]

For shared responsibilities – if the auditor wants a division of responsibility they first must have consent from the others auditors and you would modify all 3 paragraphs (intro, scope, opinion) and use their names ONLY if they consent. If they do not consent, then you would leave out the auditors name but say something like “the other auditors did this”.

As for specialist, the use of a specialist can lead to an unqualified opinion and you don't have to mention the specialist at all or if you want to you can add an explanatory paragraph after the opinion emphasizing any issues. If there is an disagreement with the specialist, that you MUST MENTION. (When you mean “specialist report” are u referring to the audit report? I thought you just report it on the audit report and not a “specialist report” from my understanding but double check to make sure)

hope this helps.

[Author]

Replies