ACCA AA · Chapter 10 · Question 8 of 10
Under ISA 620, which of the following must the auditor evaluate before using the work of an auditor's expert, such as a property valuer?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) The expert's competence, capabilities and objectivity
Explanation
ISA 620 requires the auditor to evaluate whether the expert has the necessary competence, capabilities and objectivity, to obtain an understanding of the expert's field, to agree the nature and scope of the work, and to evaluate the adequacy of the findings. Previous work for the client is one factor relevant to objectivity, not the full evaluation.
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