Which of the following actives is an internal auditor most likely to perform when establishing the objectives of an assurance engagement?

Question

Options

• ADiscuss the internal audit risk assessment including applicable risks and objectives with internal
• BPerform a walk-through of the process under review to determine whether control wore operating,
• CIdentify when controls will be tested and the sampling method to be used based on control risk
• DMeet with operational management to team about any areas of concern and to agree on the

• A
  11% (4)
• B
  3% (1)
• C
  6% (2)
• D
  80% (28)

Explanation

When establishing the objectives of an assurance engagement, it is crucial for internal auditors to align the engagement objectives with the concerns and priorities of operational management. By meeting with operational management, the internal auditor can gain insights into any specific areas of concern, operational challenges, and potential risks. This collaborative approach ensures that the engagement objectives are relevant and focused on areas that provide the most value to the organization, facilitating a more effective and targeted audit process.

No community discussion yet for this question.