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For an unmodified opinion, does the opinion reference the use of specialists?

If the auditor has issued an unmodified opinion, they will not be required to reference the work of the specialist. However, if the auditor has issued a modified opinion (qualified, adverse, or disclaimer), they should refer to the specialist if the information gathered from their work enables the readers of the financial statements to better understand the modified opinion.


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  • How should the audit team assess a specialist prior to engaging them?

    The auditor should have a general understanding of the specialist’s line of work to be able to predetermine the amount of work that they will need to rely on when assessing the required resources in their pre-audit assessments. The auditor should be aware of the specialist’s abilities to perform their specialty, their competence, and their […]

  • What are some examples of where a specialist would be used in an audit?

    There is no definitive list of audit areas that require the use of a specialist. It is completely up to the audit team to determine if they need a specialist. Specialists will be used for but are not limited to:

  • What types of specialists are used in an audit?

    Specialists will be referred to by auditors when conducting audit engagements and predetermining the resources that they will need. Like internal auditors, specialists can be used by external auditors when it is necessary, or when there are certain components of an audit engagement that the independent auditor does not fully understand. Also, like internal auditors, […]