IIA Practice of Internal Auditing IIA-CIA-Part2 Question # 28 Topic 3 Discussion

IIA Practice of Internal Auditing IIA-CIA-Part2 Question # 28 Topic 3 Discussion

IIA-CIA-Part2 Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3

How should an internal auditor approach preparing a detailed risk assessment during engagement planning?


A.

Complete the risk assessment independently to prevent conflicts of interest with the function being reviewed.


B.

Work with external auditors to ensure that the risk assessment includes items reflected on the independent auditor's report.


C.

Work with management of the function being reviewed, as management would be most familiar with the business objectives and related risks.


D.

Consult with the compliance department, which typically has a more comprehensive view of the organization.


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