Your Ask Joey ™ Answer

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, the external auditor should predetermine a specialist’s competence and ability to provide them with information that would be valuable.

Common specialists that will be referred to on the CPA exam include:

It is also very important to understand what these specialists can be used for. Below are a few examples of where an audit team could use a specialist:


Back To All Questions

You might also be interested in...

  • Write For Us

    Write For Us Submit your guest blog post! Universal CPA Review welcomes contributors to submit articles for publication on our website. Please review the following guidelines before submitting your article. Due to the high volume of submissions we receive daily, we cannot respond to each one individually. If your article is selected for publication, you...

  • A Guide to Hiring a Small Business Accountant

    Overview Your small business is thriving, sales are up, and you’re poised for a record-breaking year. Exciting times, indeed, but have you thought about the implications for tax filing or financial planning for the upcoming quarter? If these questions are on your mind, it might be time to consult a small business accountant. A skilled...

  • QuickBooks Helps Small Business Beyond Compare

    Introduction Want to work faster, smarter, and better? In today’s business environment, the myriad options for financial management solutions can overwhelm even the most seasoned entrepreneurs. Selecting the right tool for managing business finances is crucial, yet the task is often daunting due to the plethora of available options. This is where QuickBooks comes into...