ACCA Audit and Assurance (F8) Practice Exam

Which of the following is NOT a factor to consider when outsourcing auditors?

1. Fees

2. Independence safeguards

3. Marketing strategies

4. Confidentiality

The correct answer is: Marketing strategies

When considering the decision to outsource auditors, factors such as fees, independence safeguards, and confidentiality are all essential elements that directly impact the effectiveness and integrity of the audit process. The choice related to marketing strategies is the correct answer as it does not pertain directly to the core considerations of auditing. While it is important for an auditing firm to have a strong marketing strategy to attract clients, this aspect does not influence the quality, reliability, or compliance of the audit work itself. The focus in outsourcing auditors should be on aspects that ensure the audit is conducted with professionalism, independence, and the protection of sensitive information, which are crucial for maintaining the trust of stakeholders and the quality of the audit outcomes. Therefore, although marketing strategies may affect the business model or the overall strategy of an auditing firm, they are not relevant to the decision-making process regarding which auditors to outsource for effective audit completion.