According to IIA guidance, which of the following factors should the auditor in charge consider when determining the resource requirements for an audit engagement?

The correct answer is A. The number, experience, and availability of audit staff as well as the nature, complexity, and time. According to IIA guidance, the auditor in charge should consider the number, experience, and availability of audit staff as well as the nature, complexity, and time constraints of the engagement when determining resource requirements. These factors ensure that the engagement is…

Managing the Internal Audit Activity

Question

Options

AThe number, experience, and availability of audit staff as well as the nature, complexity, and time
BThe appropriateness and sufficiency of resources and the ability to coordinate with external
CThe number, proficiency, experience, and availability of audit staff as well as the ability to
DThe appropriateness and sufficiency of resources as well as the nature, complexity, and time

How the community answered

(55 responses)

A
87% (48)
B
7% (4)
C
2% (1)
D
4% (2)

Explanation

According to IIA guidance, the auditor in charge should consider the number, experience, and availability of audit staff as well as the nature, complexity, and time constraints of the engagement when determining resource requirements. These factors ensure that the engagement is staffed appropriately and that the audit team has the necessary skills and time to perform the audit

Topics

#audit resource planning#staff availability#engagement complexity#audit staffing

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