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Question 28 - IIA-CIA-Part2 discussion

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An audit identified a number of weaknesses in the configuration of a critical client/server system. Although some of the weaknesses were corrected prior to the issuance of the audit report, correction of the rest will require between 6 and 18 months for completion. Consequently, management has developed a detailed action plan, with anticipated completion dates, for addressing the weaknesses. What is the most appropriate course of action for the chief audit executive to take?

A.
Assess the status of corrective action during a follow-up audit engagement after the action plan has been completed.
Answers
A.
Assess the status of corrective action during a follow-up audit engagement after the action plan has been completed.
B.
Assess the effectiveness of corrections by reviewing statistics related to unplanned system outages, and denials of service.
Answers
B.
Assess the effectiveness of corrections by reviewing statistics related to unplanned system outages, and denials of service.
C.
Reassign information systems auditors to assist in implementing management's action plan.
Answers
C.
Reassign information systems auditors to assist in implementing management's action plan.
D.
Evaluate the ability of the action plan to correct the weaknesses and monitor key dates and deliverables.
Answers
D.
Evaluate the ability of the action plan to correct the weaknesses and monitor key dates and deliverables.
Suggested answer: D

Explanation:

The most appropriate course of action for the CAE is to evaluate the robustness and feasibility of the management's action plan to address the identified weaknesses. The CAE should monitor the implementation progress, key dates, and deliverables to ensure that corrective actions are on track and will effectively mitigate the risks within the stipulated timeline.

Reference: = IIA Standard 2500 - Monitoring Progress.

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asked 18/09/2024
Robert Petty
52 questions
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