When auditing Vandalay Jewelry, Costanza, CPA, was not familiar with the quality and cut of the companys precious jewel inventory. To address this shortcoming, Costanza hired Benes, an expert in jewel valuation, to assist as an audit specialist for the inventory valuation. Should Costanza refer to Beness work in the audit report?

The auditors report should mention the use of the audit specialist only when the audit specialists findings affect the auditors conclusions.

Yes, the auditors report should mention the fact that an audit specialist was used.

The auditors report should mention the audit specialist only if Vandalay agrees with the audit specialists findings.

The use of an audit specialist need not be mentioned if the auditors decide not to take responsibility for the audit specialists findings.