Sir if Branch Auditor report is qualified and that information is material then what are the Additional procedures that Principal Auditor needs to perform

Questions › Category: SA-600 › Sir if Branch Auditor report is qualified and that information is material then what are the Additional procedures that Principal Auditor needs to perform

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Himalaya asked 6 years ago

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Ravi Staff answered 6 years ago

From SA 600
In all circumstances, if the other auditor issues, or intends to issue, a modified auditor’s report, the principal auditor should consider whether the subject of the modification is of such nature and significance, in relation to the financial information of the entity on which the principal auditor is
reporting that it requires a modification of the principal auditor’s report.

So principal auditor is suppose to assess is it material and whether it should be included in his report.