Management has requested that the internal audit activity perform a consulting engagement to review fraud prevention programs. Which of the following is a Standards requirement to accept and perform the consulting engagement?
A.
The internal audit activity must be free from interference in determining the scope of the consulting engagement.
B.
Internal auditors assigned to the consulting engagement must have no previous responsibility for fraud prevention programs.
C.
The internal audit activity must not provide future assurance services related to fraud prevention programs until at least one year has lapsed.
D.
Internal auditors must incorporate knowledge gained from the consulting engagement into me evaluation or risks and controls in future assurance engagements.
According to the IIA Standards (Standard 1110 – Organizational Independence, and Standard 1130 – Impairment to Independence or Objectivity), internal auditors must be free from interference when determining the scope, performing their work, and communicating results. This applies to consulting engagements as well as assurance engagementsAccording to the IIA Standards (Standard 1110 – Organizational Independence, and Standard 1130 – Impairment to Independence or Objectivity), internal auditors must be free from interference when determining the scope, performing their work, and communicating results. This applies to consulting engagements as well as assurance engagements
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nidz_123
3 months ago