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IIA-CIA-PART2 · Question #229

Acceding to MA guidance, when of the Mowing strategies would like provide the most assurance to the chief audit executive (CAE) that the internal audit activity's recommendations are being acted upon?

The correct answer is B. The CAE develops a tracking system to monitor the stains of engagement recommendations. Developing a tracking system to monitor the status of engagement recommendations ensures that the chief audit executive (CAE) can systematically track the progress and implementation of corrective actions. This approach provides continuous assurance that recommendations are…

Communicating Results

Question

Acceding to MA guidance, when of the Mowing strategies would like provide the most assurance to the chief audit executive (CAE) that the internal audit activity's recommendations are being acted upon?

Options

  • AThe CAF obtains a formal response from senior management regarding the corrective actions they
  • BThe CAE develops a tracking system to monitor the stains of engagement recommendations
  • CThe CAE communicates with impacted department managers to determine whether corrective
  • DThe CAE works with the engagement supervisor to monitor the recommendations issued to

How the community answered

(24 responses)
  • A
    4% (1)
  • B
    96% (23)

Explanation

Developing a tracking system to monitor the status of engagement recommendations ensures that the chief audit executive (CAE) can systematically track the progress and implementation of corrective actions. This approach provides continuous assurance that recommendations are being acted upon and allows the CAE to identify and address any delays or issues in the implementation process. It is a proactive strategy that enables regular follow-ups and reporting to senior management, thus maintaining accountability and transparency.

Topics

#audit recommendations#follow-up tracking#monitoring progress#CAE responsibilities

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