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IIA-CIA-PART2 · Question #389

The internal audit activity is currently working on several engagements, including a consulting engagement on the management process in the human resources department. Which of the following actions…

The correct answer is B. Employ fieldwork peer review to enhance the work quality. Ensuring the quality of an audit engagement, especially a consulting engagement in a complex area like human resources, requires effective supervision and quality assurance measures. Peer review during fieldwork is a recognized method for maintaining high-quality audit work.

Managing the Internal Audit Activity

Question

The internal audit activity is currently working on several engagements, including a consulting engagement on the management process in the human resources department. Which of the following actions should the chief audit executive take to most efficiently and effectively ensure the quality of the engagement?

Options

  • AAssign an experienced manager to monitor the whole engagement process.
  • BEmploy fieldwork peer review to enhance the work quality.
  • CRequire internal auditors to follow a standardized work program.
  • DPersonally supervise the engagement.

How the community answered

(30 responses)
  • A
    3% (1)
  • B
    80% (24)
  • C
    13% (4)
  • D
    3% (1)

Explanation

Ensuring the quality of an audit engagement, especially a consulting engagement in a complex area like human resources, requires effective supervision and quality assurance measures. Peer review during fieldwork is a recognized method for maintaining high-quality audit work.

Topics

#quality assurance#fieldwork peer review#engagement supervision#consulting engagement

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