(c) Explain the possible impact of RBG outsourcing its internal audit services on the audit of the financial
statements by Grey & Co. (4 marks)
(c) Explain the possible impact of RBG outsourcing its internal audit services on the audit of the financial
statements by Grey & Co. (4 marks)
(c) Impact on the audit of the financial statementsTutorial note: The answer to this part should reflect that it is not the external auditor who is providing the internal auditservices. Thus comments regarding objectivity impairment are not relevant.■ As
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