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Question 31 - IIA-CIA-Part2 discussion

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New environmental regulations require the board to certify that the organization's reported pollutant emissions data is accurate. The chief audit executive (CAE) is planning an audit to provide assurance over the organization's compliance with the environmental regulations. Which of the following groups or individuals is most important for the CAE to consult to determine the scope of the audit?

A.
The audit committee of the board.
Answers
A.
The audit committee of the board.
B.
The environmental, health, and safety manager.
Answers
B.
The environmental, health, and safety manager.
C.
The organization's external environmental lawyers.
Answers
C.
The organization's external environmental lawyers.
D.
The organization's insurance department.
Answers
D.
The organization's insurance department.
Suggested answer: B

Explanation:

The most important group or individual for the CAE to consult to determine the scope of the audit regarding compliance with new environmental regulations is the environmental, health, and safety manager. This individual or group has specialized knowledge about the organization's operations, regulatory requirements, and existing controls related to environmental compliance. Consulting with the environmental, health, and safety manager ensures that the audit scope is comprehensive and accurately addresses the pertinent risks and compliance requirements.

Reference: IIA Standard 2201 -- Planning Considerations, IIA Practice Advisory 2210.A1-1

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asked 18/09/2024
Abdullah Mousa
45 questions
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