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MCQ Doubt

Auditing

External Auditor may or may not agree to internal auditor's work. So why is he required to agree. The answer should be True. Why does it say False.

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Kaveesh Sethi

Kaveesh Sethi

CA Inter

2K+

23-Nov-20 22:06

316

Answers (4)

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Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

23-Nov-20 23:01

Can you please use speech to text and present the full question?


Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

23-Nov-20 23:02

Will rectify.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Nov-20 06:18

SA 610 recommends that external auditor and internal auditor to agree on materiality. So if the question asks "external auditor is not required to agree", then it will be false..... because though it states "useful to agree" the SA is recommendatory for all auditors .


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Nov-20 15:53

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