Appendix No. 29

to the Order of the Ministry of Finance of the Russian Federation of January 9, 2019 No. 2n

International standard of audit 620 "Use of work of the expert of the auditor"

The International Standard of Audit (ISA) 620 "Use of work of the expert of the auditor" should be considered together with MCA 200 "Main objectives of the independent auditor and carrying out audit according to International standards of audit".

Introduction

Scope of this standard

1. This international standard of audit establishes the auditor's obligations in connection with use of work of physical person or organization, having knowledge and experience in any area other than financial accounting or audit when this work is used for assistance to the auditor in receipt of sufficient competent auditor evidences.

2. This standard does not consider:

(a) situations when the employee having knowledge and experience in the special field of accounting or audit, or situation when the auditor group consults with the physical person or the organization having such qualification is part of auditor group; the specified situations are considered in MCA 220 <1>, or

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<1> MCA 220 "Quality control in case of carrying out financial records audit", Items A 10, A20 - A22.

(b) use by the auditor of work of physical person or organization, having knowledge and experience in any area other than financial accounting or audit when their work in this area is used for assistance of the organization in preparation of the financial reporting (the expert of management); the specified situations are considered in MCA 500 <2>.

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<2> MCA 500 "Auditor proofs", the Items A34 - A48.

Responsibility of the auditor for auditor opinion

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