Which of the following would be considered a violation of The HAfs mandatory guidance on independence?

Question

Enayat Meer · Accepted Answer

The board seeks senior management's recommendation before approving the annual salary adjustment of the CAE.

Enayat Meer · Answer

The chief audit executive (CAE) reports functionally to the board and administratively to the chief financial officer.

Enayat Meer · Answer

The CAE confirms to the board, at least once every five years, the organizational independence of the internal audit activity,

Enayat Meer · Answer

The CAE updates the internal audit charter and presents it to the board for approval periodically, not on a specific timeline

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