What factors are considered tor conducting an external audit and assurance review?

Factors for External Audit:

C. Purpose of the Review: Determines the scope and focus of the audit to align with regulatory or organizational objectives​​.

D. Type of Risk Assessment Needed: Tailors the audit methodology to the identified risks​​.

E. Users of the External Report: Ensures the audit addresses the needs of regulators, stakeholders, or management​​.