Senior management requested that the internal audit activity perform a consulting project to assist in making a decision on a new software system. Which of the following would be used to determine the engagement objectives?
A.
An assessment of risks to the business objectives
B.
An understanding of the engagement client's expectations
C.
The probability of significant errors fraud or noncompliance
When performing a consulting project to assist in making a decision on a new software system, the engagement objectives would be determined by understanding the engagement client's expectations. This ensures that the consulting engagement is aligned with what the client needs and expects, leading to more relevant and useful recommendations.
IIA Standards: 2010 - Planning
IIA Practice Guide: Consulting Services
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