Which statement is accurate regarding reporting on the quality assurance and improvement program (OAIP) to conform with the International Standards for the Professional Practice of Internal Auditing?
A.
The chief audit executive (CAE) should report all stages of the OAlP's development and key milestones.
B.
The CAE should report only corrective action plans that meet external assessor or stakeholder requirements.
C.
The CAE should establish the form and content of program communication so that it is in alignment with the internal audit activity charter.
D.
The CAE should disclose program details only after both internal and external assessments have been completed.
According to the IIA Standards, the CAE should ensure transparency by reporting on all stages of the Quality Assurance and Improvement Program (QAIP), including development and key milestones. This continuous communication helps stakeholders understand the progress and effectiveness of the QAIP. References:
IIA Standard 1320: Reporting on the Quality Assurance and Improvement Program.
IIA Practice Guide: Quality Assurance and Improvement Program.
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