IIA Essentials of Internal Auditing IIA-CIA-Part1 Question # 3 Topic 1 Discussion

IIA Essentials of Internal Auditing IIA-CIA-Part1 Question # 3 Topic 1 Discussion

IIA-CIA-Part1 Exam Topic 1 Question 3 Discussion:
Question #: 3
Topic #: 1

The organization's chief audit executive (CAE) is planning an immediate assurance engagement following several product recalls. However, the internal audit staff does not have the required Knowledge and experience to adequately assess all the relevant processes and procedures. According to 11A guidance, which of the following actions should the CAE take under these circumstances?


A.

Use the current available resources to conduct the review and exclude those procedures that can't currently be performed.


B.

Implement an accelerated training plan to provide the audit staff with the necessary skills and knowledge to conduct the engagement.


C.

Encourage management to accept the assessed risk until the internal audit activity is able to adequately review the area.


D.

Obtain assistance for the audit team from other internal assurance providers who possess the requisite expertise in the area.


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