What should the chief audit executive do when the internal audit activity is found to be in nonconformance with the Code of Ethics or the Standards?

Question

Chun Yin Lau · Accepted Answer

Determine how the deviation impacted the overall scope of the internal audit activity.

Chun Yin Lau · Answer

Assign competent staff to the area under audit to remediate the nonconformance.

Chun Yin Lau · Answer

Meet with the board to gam an understanding of the board's expectations.

Chun Yin Lau · Answer

Communicate the matter to the board at the time of the next external assessment.

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