Which of the following statements about internal audit's follow-up process is true?
A.
The nature, timing, and extent of follow-up for assurance engagements is standardized to ensure quality performance.
B.
The actions of external auditors and other external assurance providers is not encompassed by internal audit's follow-up process.
C.
Internal auditors have responsibility for determining if management and the board have implemented the recommended action or otherwise accepted the risk.
D.
The follow-up process must be complete and documented in the working papers in order to conclude the engagement.
sometimes Internal auditor can realize small details for the engagment Which is not very important write a report and just say small lack of details. "MUST" is very strong advice for IIA
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Amarpreet
3 years, 6 months agoBAMBAM2
11 months ago