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Whether external auditors depend on the work of internal auditors, if internal audit department is outsourced to an audit firm?

Internal Audit External Audit
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Question added by Umar Saeed , Accountant , Capri Auto Maint.W. Shop
Date Posted: 2016/10/24
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Muhammad Jasam Butt
by Muhammad Jasam Butt , Audit Senior , Crowe MAK

External auditor may use the work of internal auditor depending upon the

  • Objectivity
  • Integrity and
  • relevance

of the work of internal auditor to the work of external auditor

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