Využití práce auditorského experta v oblasti oceňování majetku při auditu účetní závěrky

The scope of this work is to analyze the use of an auditor’s expert’s work. Special attention is given to the work of experts in valuation. The aim is to describe under which circumstances and how frequently auditors use the experts‘ work, what kinds of experts auditors cooperate with the most and what this cooperation looks like. Such work should be conducted in compliance with the International Standard on Auditing (ISA) 620 Using the work of an auditor’s expert, which is more closely analysed in this text and on which a survey, that is a part of this work, is based. The theoretical part of this work consists of a description of the historical development of auditing and of the current international auditing regulation with emphasis on auditing standards relevant to the use of experts in audit. The analytical part consists of a survey, conducted among the statutory auditors registered in the list of auditors of The Chamber of Auditors of the Czech Republic as at March 5, 2022, and of an interview with an expert in valuation, that served to further the research with additional information that couldn’t be retrieved from the survey and to compare the auditors‘ answers with the expert’s answers, that is to get some input from both cooperating sides.