According to IIA guidance, which of the following are appropriate actions for the chief audit executive regarding management's response to audit recommendations?

The correct answer is A. Evaluate and verify management's response, and determine the need and scope for additional. According to IIA guidance, the chief audit executive (CAE) is responsible for evaluating and verifying management's response to audit recommendations. The CAE must also determine the need and scope for additional work based on the adequacy and timeliness of management's…

Communicating Engagement Results and Monitoring Progress

Question

Options

AEvaluate and verify management's response, and determine the need and scope for additional
BEvaluate and verify management's response, and establish timelines for corrective action by
COversee the corrective actions undertaken by management, and determine the need and scope for
DOversee the corrective actions undertaken by management, and establish timelines for corrective

How the community answered

(53 responses)

A
92% (49)
B
2% (1)
C
2% (1)
D
4% (2)

Explanation

According to IIA guidance, the chief audit executive (CAE) is responsible for evaluating and verifying management's response to audit recommendations. The CAE must also determine the need and scope for additional work based on the adequacy and timeliness of management's corrective actions. This ensures that the audit recommendations are effectively implemented and that any residual risks are appropriately managed.

Topics

#management response#audit recommendations#follow-up#CAE responsibilities

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