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Question 606 - IIA-CIA-Part1 discussion

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The chief audit executive (CAE) has decided to outsource an audit of the organization's cloud governance in the annual audit plan. Why would the CAE outsource this audit?

A.

Lack of internal audit staff proficiency.

Answers
A.

Lack of internal audit staff proficiency.

B.

Lack of audit planning.

Answers
B.

Lack of audit planning.

C.

Lack of internal assessments.

Answers
C.

Lack of internal assessments.

D.

Lack of due professional care.

Answers
D.

Lack of due professional care.

Suggested answer: A

Explanation:

The chief audit executive (CAE) may decide to outsource an audit of the organization's cloud governance due to a lack of proficiency within the internal audit staff. Cloud governance involves specialized knowledge and skills related to cloud technologies, security, compliance, and risk management. If the internal audit team lacks the necessary expertise to perform a comprehensive and effective audit in this area, outsourcing to external experts ensures that the audit is conducted with the required depth and quality.

IIA Standard 1210: Proficiency

IIA Standard 2070: External Service Provider and Organizational Responsibility for Internal Auditing

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asked 03/11/2024
Sunil Reddy
36 questions
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