ACCA AA Syllabus B. Planning And Risk Assessment - Assigning the Audit Team - Notes ^{9 / 10}

This means looking at their:

1. Understanding of, and experience with, similar audits

2. Understanding of professional standards and regulations

3. IT expertise and any specialist accounting / auditing

4. Knowledge of the client's industry

5. Ability to apply professional judgment

6. Understanding of the firm’s quality control policies