The chief audit executive (CAE) determined that the internal audit activity lacks the resources needed to complete the internal audit plan Which of the following would be the most appropriate action…

Question

Options

• AUse guest auditors from within the organization, and leverage their experience by assigning them
• BOutsource some of the audits to the organization s external auditor who is already familiar with the
• CInvite nonauditors to join the internal audit activity for a two-year rotational position, and assign
• DRecruit recent college graduates and employ them as audit interns with an aim to offer permanent

• A
  3% (2)
• B
  71% (45)
• C
  17% (11)
• D
  8% (5)

Explanation

When the internal audit activity lacks the necessary resources to complete the audit plan, the most appropriate action for the CAE is to ensure that the audit plan is still executed effectively and efficiently. Outsourcing some of the audits to the organization's external auditor, who is already familiar with the organization, can help mitigate resource constraints. This approach leverages the external auditor's knowledge of the organization, ensuring continuity and quality in the audit process, while allowing the internal audit function to meet its obligations and deadlines.

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