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How should an internal auditor approach preparing a detailed risk assessment during engagement planning?
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Question 247 - IIA-CIA-Part2 discussion

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Which of the following statement is consistent with IIA guidance the use of mentoring for internal auditors?

A.
The member and the internal auditor should opt for informal meetings even if it means that no formal documentation will be created.
Answers
A.
The member and the internal auditor should opt for informal meetings even if it means that no formal documentation will be created.
B.
The mentor relationship is usually not suitable for internal audit staff, as it does not leas to professional development.
Answers
B.
The mentor relationship is usually not suitable for internal audit staff, as it does not leas to professional development.
C.
The value of mentoring is derived primarily from the personal relationship between the two parties involved, and the mentor's level of relevant experience should not be a key factor.
Answers
C.
The value of mentoring is derived primarily from the personal relationship between the two parties involved, and the mentor's level of relevant experience should not be a key factor.
D.
The mentor should be the internal auditor's supervisor to ensure that the auditor performance is assessed in a relevant and meaningful context.
Answers
D.
The mentor should be the internal auditor's supervisor to ensure that the auditor performance is assessed in a relevant and meaningful context.
Suggested answer: A

Explanation:

According to IIA guidance, mentoring relationships can significantly enhance professional development for internal auditors. Informal meetings between the mentor and the mentee allow for more open and flexible interactions, fostering a supportive environment for learning and development. While formal documentation can be useful, the primary value of mentoring often comes from the informal, ongoing dialogue and relationship that supports continuous learning and professional growth.

Reference:

The Institute of Internal Auditors (IIA) - Practice Guide: Talent Management

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asked 18/09/2024
Liam Derwin
41 questions
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