An auditor is evaluating the sufficiency of evidence regarding the valuation of a complex financial instrument. The auditor decides to use the work of an auditor's specialist. Which of the following is NOT a requirement for the auditor regarding the specialist?

Answer options:

Evaluate the specialist's competence, capabilities, and objectivity.

Obtain an understanding of the specialist's work.

Evaluate the appropriateness of the specialist's work as audit evidence.

The auditor must reference the specialist in the unmodified audit opinion.

How to approach this question

Standard Rule: Don't blame/credit the specialist in the report unless there is a problem (Modified Opinion).

D.The auditor must reference the specialist in the unmodified audit opinion.✓ Correct

The auditor must reference the specialist in the unmodified audit opinion.

AU-C 620 prohibits reference to the auditor's specialist in an unmodified opinion to avoid implying that the auditor's responsibility is reduced.

Thinking you should disclose the specialist for transparency.

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