Sa 600

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 11
 
SA 600
Using the work of another auditor
 
Meaning
Principal Auditor (PA)- Statutory auditor of company/ firm, etc
Another Auditor(AA)- Auditor of component of company/ firm, etc
!omponent- "t includes #ranch, su#sidiary, di$ision, associate enterprise, %oint $enture etc of company/ firm, whose financial information is audited #y PA
5
 
Applica#ility & 'on-Applica#ility of this Standard
here PA uses work of AA as regards a component
'* applica#le in case of %oint auditors
'* applica#le as regards relationship  with predecessor auditor
5
 
Points to #e kept in mind when accepting appointment as PA
Materiality of financial information of !ompany
PA+s knowledge regarding #usiness of component
isk of misstatement in financial information of component forwarded #y AA to PA
Performance of additional procedure #y PA of component
5
5
5
5
5
5
5
5

Reward Your Curiosity

Everything you want to read.
Anytime. Anywhere. Any device.
No Commitment. Cancel anytime.
576648e32a3d8b82ca71961b7a986505