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Communication with the expert
If the auditor intends to use the work of an expert then he must communicate with the expert well in advance to confirm the terms of engagement and also to cover other matters such as:a) The objectives and scope of work;
b) An outline of the particular items the auditor expects to be covered in the report;
c) The planned use by the auditor of the expert's work including possible communication with third parties as to the expert's identity and extent of involvement.
d) Extent of access to suitable records and files by the expert.
e) Explanation of the expert’s relationship with the client;
f) Confidentiality of the client's information;
g) The assumptions and methods intended to be used by the expert and how consistent they are with those used in the past;
h) The recording of any further information required as audit evidence.
State four factors considered determining sufficiency of audit evidence
Limitation of Audit Evidence The quantity and quality of evidence is constrained through the following factors as: Absolute proof is not possible; Some assert
Communication: Whenever the auditor recognizes a misstatement resultant from fraud, or a suspected fraud, or error, the auditor must consider the auditor’s duty to communicate
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