Management expert

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2014 the management of a company presented an expert report to the auditor.

the auditor challenged the same.

so will it be covered in SA 500(audit evidence) OR SA 620(auditors expert).

in one text book its sa 620 and in another its 500.

kindly comment.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2014 what have auditor challenged?

Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2014 is mangamgement expert covered under sa 500 or 620 sir

means if in exams question comes on management expert which reference should i give??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2014 it will be covered by SA 620

Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2014 but sir pankag sir cleary said its covered in sa 600 as there is a referce in sa 500 for the same

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 August 2014 you can check them in follwoing link:

http://www.icai.org/new_post.html?post_id=450&c_id=141

this is from icai u can check on this link

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 August 2014 kindly follow as Tushar suggested. For more precision, refer para 13 and para A40 of the SA 620

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Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2014 thanks A lot sir for a precise answer rather than a vague answer and giving the link to all the AS.

caclubindia is alive because of experts like you.

thanks a lot

Nikhil Kaushik

Nikhil Kaushik (Expert)
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08 August 2014 you are welcome friend...........

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