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An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state their position on the issues raised. How should the engagement supervisor respond?
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Which of the following actions by an organization's board would potentially impair the internal audit activity's independence?
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Question 394 - IIA-CIA-Part1 discussion

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The chief audit executive (CAE) has hired a new internal auditor who was immediately assigned to a procurement function audit. Because the new auditor's name is similar to that of the procurement manager, some staff members think the two are related, although they are not. Which of the following actions is most appropriate for the CAE to take?

A.
Take no action, as there is no impairment to independence.
Answers
A.
Take no action, as there is no impairment to independence.
B.
Remove the new internal auditor from the engagement team.
Answers
B.
Remove the new internal auditor from the engagement team.
C.
Discuss the matter with the appropriate personnel to alleviate concerns.
Answers
C.
Discuss the matter with the appropriate personnel to alleviate concerns.
D.
Closely supervise the new auditor and carefully review his work.
Answers
D.
Closely supervise the new auditor and carefully review his work.
Suggested answer: A
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asked 18/09/2024
Rafael Pabon
44 questions
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