Lesson: Using the Work of Others

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In this lesson, Nick Palazzolo discusses the concept of using the work of others during an audit process. He highlights different parties involved, such as the client's internal audit team and a component auditor, who is a specialist in auditing a specific component of the entity. Additionally, Nick delves into the roles of auditor and management specialists, as well as the IT auditor, emphasizing the importance of verifying and double-checking the work provided by these individuals to ensure accuracy and maintain independence during the audit process.

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Engagement Planning, Understanding an Entity, & Understanding its Internal Control
Module: 2 Concepts, 36 Videos