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Question 603 - IIA-CIA-Part1 discussion

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An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state their position on the issues raised. How should the engagement supervisor respond?

A.

Encourage the auditor to continue this practice, as it demonstrates objectivity.

Answers
A.

Encourage the auditor to continue this practice, as it demonstrates objectivity.

B.

Encourage the auditor to improve communication skills.

Answers
B.

Encourage the auditor to improve communication skills.

C.

Encourage the auditor to conduct post-engagement surveys to obtain the audit client's position on the issues raised.

Answers
C.

Encourage the auditor to conduct post-engagement surveys to obtain the audit client's position on the issues raised.

D.

Encourage the auditor to sign the draft reports before submitting them.

Answers
D.

Encourage the auditor to sign the draft reports before submitting them.

Suggested answer: B

Explanation:

The engagement supervisor should encourage the auditor to improve communication skills. Effective communication is essential for internal auditors, especially in ensuring that process owners have the opportunity to respond to and clarify any issues raised in the draft audit report. This collaboration helps ensure that the audit findings are accurate and that any misunderstandings or errors are resolved before the report is finalized. Encouraging better communication also helps build a positive relationship between the audit function and the audit clients.

The IIA Standards: Standard 2420 -- Quality of Communications: 'Communications must be accurate, objective, clear, concise, constructive, complete, and timely.'

IIA Practice Guide: 'Effective Communication for Internal Auditors': Emphasizes the importance of clear and effective communication in the audit process, including involving audit clients in the review of draft reports.

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asked 03/11/2024
Dimitri Alvarez Ruiz
41 questions
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