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Audit committees oversee the integrity of a company’s financial statements and hire, compensate, and oversee the external auditor. Taking the assessment questionnaire included in this tool can be used by audit committees to inform their evaluation of the external auditor, and lead to enhanced oversight by the audit committee.

External Auditor Assessment Tool: A Tool for Audit Committees

<h3>Discover how audit committee members can enhance their ability to perform oversight of external auditors by performing the assessment in this tool, and also further explore:</h3>


<h4>Firm-level audit quality considerations related to:</h4>
<ul>
<li>Leadership</li>
<li>Culture</li>
<li>Engagement team management</li>
<li>Audit engagement performance</li>
<li>Monitoring</li>
<li>And more</li>
</ul>


<h4>Sample questions to help audit committees on four specific areas:</h4>
<ul>
<li>quality of services and sufficiency of resources provided by the engagement team;</li>
<li>quality of services and sufficiency of resources provided by the audit firm;</li>
<li>communication and interaction with the external auditor; and</li>
<li>auditor independence, objectivity, and professional skepticism.</li>
</ul>


External Auditor Assessment Tool: A Tool for Audit Committees Audit committees oversee the integrity of a company’s financial statements and hire, compensate, and oversee the external auditor. Taking the assessment questionnaire included in this tool can be used by audit

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<h1 class="et_pb_module_header">External Auditor Assessment Tool: A Tool for Audit Committees</h1>
<div class="et_pb_header_content_wrapper">Audit committees oversee the integrity of a company’s financial statements and hire, compensate, and oversee the external auditor. Taking the assessment questionnaire included in this tool can be used by audit committees to inform their evaluation of the external auditor, and lead to enhanced oversight by the audit committee.</div>
<p>						<a class="et_pb_button et_pb_more_button et_pb_button_one" href="https://thecaqprod.wpengine.com/wp-content/uploads/2021/03/caq_external-auditor-assessment-tool_2021-03.pdf">Download PDF</a>
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<h3>Discover how audit committee members can enhance their ability to perform oversight of external auditors by performing the assessment in this tool, and also further explore:</h3>
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<h4>Firm-level audit quality considerations related to:</h4>
<ul>
<li>Leadership</li>
<li>Culture</li>
<li>Engagement team management</li>
<li>Audit engagement performance</li>
<li>Monitoring</li>
<li>And more</li>
</ul>
</div>
</div>
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<h4>Sample questions to help audit committees on four specific areas:</h4>
<ul>
<li>quality of services and sufficiency of resources provided by the engagement team;</li>
<li>quality of services and sufficiency of resources provided by the audit firm;</li>
<li>communication and interaction with the external auditor; and</li>
<li>auditor independence, objectivity, and professional skepticism.</li>
</ul>
</div>
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<h4 class="et_pb_module_header">Download the PDF to get started!</h4>
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<div class="et_pb_button_wrapper"><a class="et_pb_button et_pb_promo_button" href="https://thecaqprod.wpengine.com/wp-content/uploads/2021/03/caq_external-auditor-assessment-tool_2021-03.pdf" target="_blank">Download</a></div>
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<h3 class="et_pb_slide_title">Consider these other resources when evaluating your external auditor</h3>
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<h3 class="et_pb_slide_title">Guide to PCAOB Inspections</h3>
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<h3 class="et_pb_slide_title">The Role of Auditors in Company-Prepared ESG Information:</h3>
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<h4>A Deeper Dive on Assurance</h4>
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External Auditor Assessment Tool: A Tool for Audit Committees

External Auditor Assessment Tool: A Tool for Audit Committees

Discover how audit committee members can enhance their ability to perform oversight of external auditors by performing the assessment in this tool, and also further explore:

Firm-level audit quality considerations related to:

Sample questions to help audit committees on four specific areas:

Download the PDF to get started!

Consider these other resources when evaluating your external auditor

Guide to PCAOB Inspections

The Role of Auditors in Company-Prepared ESG Information:

A Deeper Dive on Assurance

Related Resources

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