Which of these is not an example of an expert as defined by ASA 620 (ISA 620)?
A) actuaries.
B) internal auditors.
C) appraisers.
D) all are examples of experts as defined by ASA620/ISA620

Question

Quizplus · Accepted Answer

According to ASA 620 (ISA 620), an expert is an individual or organization possessing special skill, knowledge, and experience in a particular field other than accounting and auditing. Internal auditors, while they may possess specialized knowledge, are considered part of the entity's internal control and audit function, rather than external experts in the context of this standard. Actuaries and appraisers, on the other hand, are typical examples of external experts engaged or used by the auditor to assist in obtaining sufficient appropriate audit evidence.

Which of These Is Not an Example of an Expert