CISA · Question #613
Which of the following BEST indicates an effective internal audit quality assurance and improvement program?
The correct answer is D. Identification of opportunities for continuous improvement. The goal of a quality assurance and improvement program (QAIP) is to drive continuous enhancement in audit practices and deliver increasing value to stakeholders. Identification and implementation of opportunities for improvement demonstrate that the program is working…
Question
Which of the following BEST indicates an effective internal audit quality assurance and improvement program?
Options
- AOversight of the improvement program by senior management
- BAn improved internal audit charter
- CA scope that focuses on high-risk audit engagements
- DIdentification of opportunities for continuous improvement
How the community answered
(68 responses)- A4% (3)
- B1% (1)
- C1% (1)
- D93% (63)
Explanation
The goal of a quality assurance and improvement program (QAIP) is to drive continuous enhancement in audit practices and deliver increasing value to stakeholders. Identification and implementation of opportunities for improvement demonstrate that the program is working effectively. Oversight (A) and charter updates (B) are important governance aspects, while focusing on high-risk audits (C) is a prioritization strategy. However, the hallmark of a successful QAIP is the ability to continuously identify and address gaps, streamline practices, and enhance audit value. ISACA emphasizes agility, adaptability, and ongoing improvement as key success indicators for internal audit functions.
Topics
Community Discussion
No community discussion yet for this question.