The organization's internal audit charter was last updated six years ago. To update the charter, which of the following actions is most appropriate for the chief audit executive to take?

Question

Tatiana Castillo · Accepted Answer

Identify an individual within the internal audit activity who has in-depth knowledge of mandatory IIA guidance elements to address any gaps or areas of the current version of the charter that could be improved.

Tatiana Castillo · Answer

Wait for the next external assessment and address all of the missing information in the charter based on the recommendations from the external assessment team.

Tatiana Castillo · Answer

Perform a review of IIA guidance to become acquainted with the latest mandatory elements prior to updating the charter

Tatiana Castillo · Answer

Use an internal audit charter template from another organization that operates within the same industry.

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