Suitably qualified external person
Suitably qualified external person аn individual outside the firm with the competence and capabilities to act as an engagement partner, for example, a partner of another firm, or an employee (with appropriate experience) of either a professional accountancy body whose members may perform audits of historical financial information or of an organization that provides relevant quality control services [IAASB, р.46].
Suitably qualified external persons may be contracted where sole practitioners or small firms identify engagements requiring engagement quality control reviews. Alternatively, some sole practitioners or small firms may wish to use other firms to facilitate engagement quality control reviews [IAASB,р. 69].
Suitably qualified external person means a person who has professional qualifications, training, skills with the competence and capabilities to act as an engagement partner [Kesimli,р. 299].
IAASB. (2020). Quality Management for an Audit of Financial Statements. United States: International Federation of Accountants. Kesimli I. (2018). External Auditing and Quality. Turkey: Kirklareli University.