Monitoring the Work of the IPA Firm
Overall Objective: Assess[1] whether the work was performed in accordance with generally accepted government auditing standards. These include (GAGAS 4.03): (a) Whether the work was properly planned and supervised. (b) Whether a sufficient understanding of internal control was obtained to plan the audit and determine the nature, timing and extent of tests to be performed. (c) Whether sufficient competent evidential matter was obtained to afford a reasonable basis for the opinion.