According to IIA guidance, how should an internal auditor apply any relevant information obtained from an internal consulting engagement during a related internal audit engagement?

Question

Options

• ADocument any facts obtained and include them as part of the audit engagement workpapers.
• BRely upon the information to draw conclusions about the effectiveness of controls.
• CUse the knowledge obtained to evaluate the effectiveness of internal control processes.
• DObjectivity requires that this information should not be used in any part of the audit engagement.

• A
  5% (1)
• B
  11% (2)
• C
  84% (16)

Explanation

According to IIA guidance, internal auditors should use relevant information obtained during a consulting engagement to inform and enhance their evaluation of internal controls during related audit engagements. This is because the knowledge gained from consulting activities can provide valuable insights into the functioning of controls and processes, which can be applied when assessing their effectiveness in a subsequent audit.

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