Auditguru Auditguru Frequently Asked Questions(FAQ) Auditguru Auditguru
 Meet Us Here
Vismay ShahVismay Shah asked 1 year ago

in the 3rd case study ie, “Mr. Y’s actuary report found guilty…..” in CNO 58, (ie, Evaluating Management’s expert’s work”). i don’t get what’s the question wants to ask? Is this the same case study that is given in CNO 106, case study no. 2? If yes, then this case study should not be included in CNO 58 because this case study is specifically about Evaluating the auditor’s expert work.

2 Answers
RaviRavi Staff answered 1 year ago

Not able to understand your query
below are content as per latest edition

RaviRavi Staff answered 1 year ago

58 — Evaluating work of Management’s Expert
106 — Evaluating work of Auditor’s Expert

Vismay ShahVismay Shah replied 1 year ago

Hello sir, In the CNO 58, 3rd case study ie, “Explain the auditor’s responsibility, if Mr. Y ‘s actuary, found faulty,” Now, here my question is here who is Mr. Y? Is he an auditor? If he is an auditor, then we have to write the answer as per SA 620 (evaluation work of Auditor’s expert) and not as per SA 500 (Evaluation of work of management’s expert.)

Call Back Request