During a review of employee benefits, a staff internal auditor observed an ambiguity in the incentive compensation policy. If reported, it could negatively impact the internal auditor's compensation.
Which of the following would encourage the internal auditor to be objective in his work?

Question

During a review of employee benefits, a staff internal auditor observed an ambiguity in the incentive compensation policy. If reported, it could negatively impact the internal auditor's compensation.

Which of the following would encourage the internal auditor to be objective in his work?

Lars Bleckmann · Accepted Answer

Internal audit charter approved by the board.

Lars Bleckmann · Answer

Periodic reinforcement of the internal audit activity's code of ethics disclosure practices.

Lars Bleckmann · Answer

External assessments of the internal audit activity every five years.

Lars Bleckmann · Answer

Audit committee review of every engagement report at the conclusion of the audit.

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