Use of Experts – NBC Institute

AAA – Nov 2016 – L3 – Q3b – Use of Experts in Audits

Evaluate the significance of expert evidence and factors to consider before relying on a specialist’s report in audits.

Question

In connection with Accountancy and Audit, an Expert or Specialist is a firm or person that possesses special skills in a profession other than Accountancy.

Required:
i. What is the significance of evidence from Experts to an auditor? (2 Marks)
ii. Identify THREE factors to be considered before placing reliance on the report of a Specialist. (3 Marks)

Answer

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Tags: Audit evidence, Reliance Factors, Specialist Report, Use of Experts
Level: Level 3

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AAA – Nov 2016 – L3 – Q3b – Use of Experts in Audits

Evaluate the significance of expert evidence and factors to consider before relying on a specialist’s report in audits.

AAA – Nov 2016 – L3 – Q3b – Use of Experts in Audits

Evaluate the significance of expert evidence and factors to consider before relying on a specialist’s report in audits.

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Question Tag: Use of Experts

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AAA – Nov 2016 – L3 – Q3b – Use of Experts in Audits

Evaluate the significance of expert evidence and factors to consider before relying on a specialist’s report in audits.

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AAA – Nov 2016 – L3 – Q3b – Use of Experts in Audits

Evaluate the significance of expert evidence and factors to consider before relying on a specialist’s report in audits.

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