Which of the following is true about ISA 610?

ISA 610, titled "Using the Work of Internal Auditors," provides guidance on how external auditors can effectively utilize the work of internal auditors in order to enhance the efficiency and effectiveness of the audit process. The statement that suggests it advises on the use of internal audit work to reduce direct audit procedures is accurate because ISA 610 allows external auditors to rely on the work of internal auditors where appropriate, which could lead to a reduction in the extent of direct audit procedures. This reliance is based on the assessment of the internal auditors' competence, objectivity, and the systematic and disciplined approach they adhere to in their work.

The standard emphasizes that while the work of internal auditors can be beneficial, the external auditor must still assess the work done and determine whether it can serve as sufficient and appropriate audit evidence. In doing so, the external auditor can be more efficient in their audit by utilizing the internal auditors’ contributions effectively, ultimately leading to a more streamlined audit process.

The other options misrepresent the guidance provided by ISA 610. For instance, the idea that internal auditor work can be ignored contradicts the standard's intent, as it encourages using their insights rather than dismissing them. It also does not prohibit internal controls auditing; rather, it expects the external