Which of the following is a greater consideration for internal auditors when they are performing a consulting engagement than when they are performing an assurance engagement ' ?
A.
The relative complexity of the engagement
B.
The cost of the engagement relative to its benefits
C.
The extent of work needed to achieve the engagement ' s objective
D.
The needs and expectations of the engagement client
In consulting engagements, the needs and expectations of the engagement client are a greater consideration compared to assurance engagements. This is because consulting engagements are typically more advisory in nature and specifically tailored to provide value and improve an organization ' s operations based on the client ' s requirements. In assurance engagements, the focus is more on the independent assessment against criteria or standards, which does not vary based on client needs to the same extent.
IIA Practice Advisory on Consulting Services
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