Consulting activity

  • Creator
    Topic
  • #217588

    This forum is restricted to members of the associated course(s).

    This forum is restricted to members of the associated course(s).

    Rosa Hernandez
    Participant

    My question: If an auditor is engaged in a consulting activity for fraud risk assessment of the entire organization, would his objectivity be compromised? Can he still do assurance engagements within one year after the fraud risk assessment consulting engagement?

Viewing 1 replies (of 1 total)
  • Author
    Replies
  • #217602

    This forum is restricted to members of the associated course(s).

    Brian Hock
    HOCK international

    Rosa,

    A consulting engagement by itself does not impair objectivity. It would be impaired only if they end up taking ownership oof the specific process that they are consulting on. So, a properly done consulting engagement will not impact independence.

    Brian

Viewing 1 replies (of 1 total)

This forum is restricted to members of the associated course(s).

  • You must be logged in to reply to this topic.