The chief audit executive of a large publicly held bank is using a risk based approach to update the annual audit plan. Which of the following sources of information will have the least impact on the plan?
A.
The 12 month forecast of commercial property values.
B.
Recent changes to the bank's strategic plan.
C.
Regulatory changes impacting capitalization for all publicly traded banks.
D.
Continuous changes in the prime lending rate set by the country's central bank.
A. The 12 month forecast of commercial property values
→ While relevant for specific loan portfolios (e.g., real estate lending), this is a narrow market forecast and would have less direct and enterprise-wide impact on the overall audit plan unless the bank is heavily concentrated in commercial real estate.
i think its A, While a forecast of commercial property values may be of interest, it typically has a lower direct impact on a bank's annual audit plan than other factors, especially if the bank is not heavily involved in commercial real estate.
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