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IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 11 Topic 2 Discussion

IIA Internal Audit Fundamentals IIA-CIA-Part1 Question # 11 Topic 2 Discussion

IIA-CIA-Part1 Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2

During an audit engagement, a junior staff internal auditor begins to suspect a fraud may have occurred involving a friend of the engagement supervisor. He reports his concerns to the engagement supervisor, who disagrees with his suspicions and directs him to continue with the engagement as planned. Given the circumstance, what is the most appropriate action for the junior auditor to take?


A.

Document in the workpapers and expand testing.


B.

Continue with the engagement as planned, per the more senior auditor.


C.

Report the suspected fraud to law enforcement officials and seek financial restitution.


D.

Escalate the concern to the chief audit executive.


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