Which of the following disclosures must the chief audit executive (CAE) include when communicating the results of the quality assurance and improvement program to senior management and the board?
A.
Authority and responsibility of the internal audit activity
B.
Hours and sources of continuing professional education
C.
Scope and frequency of both the internal and external assessments
D.
independence and objectivity impairments of the CAE
When communicating the results of the quality assurance and improvement program (QAIP) to senior management and the board, the chief audit executive (CAE) must include disclosures on the " Scope and frequency of both the internal and external assessments. " This information provides stakeholders with insight into the comprehensiveness and timing of the QAIP evaluations, ensuring transparency and accountability in the internal audit function’s efforts to maintain or improve quality and effectiveness.
IIA Standard 1312 - External Assessments
===============
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit