After finalizing an assurance engagement concerning safety operations in the oil mining process, the audit team concluded that no key controls were compromised. However, some opportunities for…

Question

Options

• AThe CAE should send the final report to operational and senior management and the audit
• BThe CAE should send the final report to operational management only, as there is no need to
• CThe CAE should notify operational and senior management that the audit engagement was
• DThe CAE should send the final report to operational management and notify senior management

• A
  19% (6)
• B
  3% (1)
• C
  6% (2)
• D
  72% (23)

Explanation

When an assurance engagement concludes with no key controls being compromised but notes some opportunities for improvement, the most appropriate approach for the chief audit executive (CAE) is to send the final report to operational management. This ensures that the responsible management can act on the improvement opportunities. Additionally, notifying senior management and the audit committee that no significant findings were identified keeps them informed without overloading them with less critical details, maintaining transparency and proper communication channels.

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