Stock take carried out by another auditor

[jbladeus]

I havent read the said AS recently so am not to sure about the wordings, but i dont think that the AS tells to rely on the work of an auditor who is working as an internal auditor. The AS instead means that the work of a previous or co EXTERNAL auditor can be relied upon.

The opinion of an internal auditor cannot be taken as wholly independent by the external auditor even if its an external CA firm.

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