Which of the following should the chief audit executive agree upon with the board before starting an external assessment of the internal audit function?
A.
The audit areas that should be reviewed
B.
The level of testing that will be required
C.
The qualifications needed on the external assessment team
D.
The specialized skills that each external assessment team member needs
Before an external assessment of the internal audit activity, the CAE should agree with the board on the qualifications and independence of the external assessor or assessment team. This ensures credibility and compliance with the IIA’s Quality Assurance and Improvement Program (QAIP) requirements.
Options A and B (specific audit areas or testing levels) are not matters for board approval in external assessments. Option D (specialized skills) is relevant but not as essential as overall qualifications and competence.
[Reference:, IIA Standards – Standard 1312: External Assessments; Practice Advisory 1312-1., , ]
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