Video: Using the Work of Others

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