Assignment No.1 Auditors are required to understand the client's Industry and business but may not be experts in some aspects of the dient's industry and business, such as identifying the quantity and value of certain inventory items. In such cases, the auditor may auditors may use a specialist (an auditor's expert) to assist in testing the existence and valuation of inventory. In other cases, however, the auditor may determine that it is necessary, or may choose to use an auditor's expert to assist in obtaining suficient appropriate audit evidence Auditing standards provide guidance on whether and how an auditor can rely on a specialist (auditor's expert). Required: Search the Interational Standards on Auditing (As)and 1) identify the specific ISA by number and name) that provides a guidance on "Using the work of an Auditor's Expert. Summarize the ISA. No.2 Auditors are required by auditing standards to observe the client taking a physical inventory count to determine whether recorded inventory actually exists at the balance sheet date and is correctly counted by the client. Physical examination is an essential type of evidence used to verify the existence and count of Inventory Requiredt Refer to the related auditing standards, and extract the paragraphs relating to this issue