During planning of an audit of XYZ Ltd., the engagement partner realises that complex valuation issues will arise. Accordingly, a valuation expert…

CA Intermediate · Auditing and Ethics · MTP · January 2026
During planning of an audit of XYZ Ltd., the engagement partner realises that complex valuation issues will arise. Accordingly, a valuation expert is engaged early in the audit process to support the team. Which benefit of audit planning is demonstrated here?
(A) Assisting, where applicable, in coordination of work done by others such as experts
(B) Helping the auditor organize and manage the audit effectively
(C) Helping the auditor identify and resolve potential problems on a timely basis
(D) Facilitating the direction and supervision of the audit team

Suggested Answer and Working Notes:

Correct Answer: Option (A)

Assisting, where applicable, in coordination of work done by others such as experts

Topics: Audit Strategy, Audit Planning and Audit Programme

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