Course Description
Course publication/revision date: This course was updated on 12/24/2024.
A company can greatly increase its exposure to risk when it shifts processes to a supplier. The auditor can investigate and report on these risks, as described in the How to Audit Outsourced Functions course. The course also addresses the need for early auditor participation in any outsourcing arrangement, in order to participate in due diligence and contract formulation activities. The course goes on to describe continuing auditor activities, additional concerns related to offshoring, relying on the work of others, and several related matters.
