Page 48 - Microsoft Word - 00 P1 IW Prelims.docx

Chapter 43 4

Human resources

The engagement partner should ensure that the engagement team collectively have
the competence and capabilities to perform the audit in accordance with professional
standards.

This includes

 knowledge of professional standards

 knowledge of relevant industries in which the client operates

 the ability to apply judgment

 understanding the firm's quality control policies and procedures.

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