According to auditing standards, when evaluating whether the work of internal auditors is adequate for the purposes of the statutory audit, which of the following is NOT an appropriate primary factor to evaluate regarding the adequacy of the specific work performed?

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Accounting · Using the Work of Internal Auditors

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Whether the internal auditors have a financial interest in the statutory audit firm's partnership

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Answer 1

Whether the conclusions reached are appropriate and the reports prepared are consistent with the results of the work done

Answer 2

Whether sufficient appropriate evidence was obtained to allow the internal auditors to draw reasonable conclusions

Answer 3

Whether the internal auditors have a financial interest in the statutory audit firm's partnership

Answer 4

Whether the work was properly planned, performed, supervised, reviewed, and documented

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