CAF-8 · Chapter 12 · Question 10 of 10
In Pakistan, if the external auditor mentions the name of an auditor's expert in an 'Unmodified' audit report, what is the prerequisite?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) The expert's name should NOT be mentioned unless required by law or to explain a modification to the opinion.
Explanation
To ensure researchers/users understand the external auditor takes full responsibility, ISA 620 prohibits naming the expert in an unmodified report unless it is legally required or directly related to a qualified/modified opinion.
More Reliance on Others MCQs
- Q2Which of the following tasks is considered too high-risk for the external auditor to delegate to internal auditors as 'Direct Assistance'?
- Q3According to ISA 620, what is the definition of an 'Auditor's Expert'?
- Q4Before relying on the work of a specialized property valuer (Auditor's Expert), the auditor must evaluate:
- Q5What is the external auditor's responsibility for the final audit opinion when they have used the work of an expert or internal auditors?
- Q6If an auditor uses a 'Service Organization' (e.g., an external company that processes the client's payroll), which ISA applies?