Matching
Using the appropriate code letter, indicate the standard to which each of the following specific standards pertain.
Premises:
Internal auditors should maintain their technical competence through continuing education.
Internal auditors should plan each audit.
Internal auditors should be skilled in dealing with people and in communicating effectively.
Internal auditors should review operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
The organizational status of the internal auditing department should be sufficient to permit the accomplishment of its audit responsibilities.
The director of internal auditing should have a statement of purpose, authority, and responsibility for the internal auditing department.
Internal auditors should possess the knowledge, skills, and disciplines essential to the performance of internal audits.
Internal auditors should report the results of their audit work.
The director of internal auditing should coordinate internal and external audit efforts.
Internal auditors should review the reliability and integrity of financial and operating information and the means used to identify, measure, classify, and report such information.
The internal auditing department should possess or should obtain the knowledge, skills, and disciplines needed to carry out its audit responsibilities.
Internal auditors should collect, analyze, interpret, and document information to support audit results.
The director of internal auditing should provide written policies and procedures to guide the audit staff.
Internal auditors should provide assurance that internal audits are properly supervised.
Internal auditors should review the means of safeguarding assets and, as appropriate, verify the existence of such assets.
Internal auditors should be objective in performing audits.
Internal auditors should exercise due professional care in performing internal audits.
Internal auditors should follow up to ascertain that appropriate action is taken on reported audit findings.
The director of internal auditing should establish a program for selecting and developing the human resources of the internal auditing department.
Internal auditors must comply with professional standards of conduct.
Responses:
Independence,
Professional Proficiency,
Scope of Work.
Performance of Audit Work.
Management of the Internal Auditing Department.
Correct Answer:
Premises:
Responses:
Internal auditors should maintain their technical competence through continuing education.
Internal auditors should plan each audit.
Internal auditors should be skilled in dealing with people and in communicating effectively.
Internal auditors should review operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
The organizational status of the internal auditing department should be sufficient to permit the accomplishment of its audit responsibilities.
The director of internal auditing should have a statement of purpose, authority, and responsibility for the internal auditing department.
Internal auditors should possess the knowledge, skills, and disciplines essential to the performance of internal audits.
Internal auditors should report the results of their audit work.
The director of internal auditing should coordinate internal and external audit efforts.
Internal auditors should review the reliability and integrity of financial and operating information and the means used to identify, measure, classify, and report such information.
The internal auditing department should possess or should obtain the knowledge, skills, and disciplines needed to carry out its audit responsibilities.
Internal auditors should collect, analyze, interpret, and document information to support audit results.
The director of internal auditing should provide written policies and procedures to guide the audit staff.
Internal auditors should provide assurance that internal audits are properly supervised.
Internal auditors should review the means of safeguarding assets and, as appropriate, verify the existence of such assets.
Internal auditors should be objective in performing audits.
Internal auditors should exercise due professional care in performing internal audits.
Internal auditors should follow up to ascertain that appropriate action is taken on reported audit findings.
The director of internal auditing should establish a program for selecting and developing the human resources of the internal auditing department.
Internal auditors must comply with professional standards of conduct.
Premises:
Internal auditors should maintain their technical competence through continuing education.
Internal auditors should plan each audit.
Internal auditors should be skilled in dealing with people and in communicating effectively.
Internal auditors should review operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
The organizational status of the internal auditing department should be sufficient to permit the accomplishment of its audit responsibilities.
The director of internal auditing should have a statement of purpose, authority, and responsibility for the internal auditing department.
Internal auditors should possess the knowledge, skills, and disciplines essential to the performance of internal audits.
Internal auditors should report the results of their audit work.
The director of internal auditing should coordinate internal and external audit efforts.
Internal auditors should review the reliability and integrity of financial and operating information and the means used to identify, measure, classify, and report such information.
The internal auditing department should possess or should obtain the knowledge, skills, and disciplines needed to carry out its audit responsibilities.
Internal auditors should collect, analyze, interpret, and document information to support audit results.
The director of internal auditing should provide written policies and procedures to guide the audit staff.
Internal auditors should provide assurance that internal audits are properly supervised.
Internal auditors should review the means of safeguarding assets and, as appropriate, verify the existence of such assets.
Internal auditors should be objective in performing audits.
Internal auditors should exercise due professional care in performing internal audits.
Internal auditors should follow up to ascertain that appropriate action is taken on reported audit findings.
The director of internal auditing should establish a program for selecting and developing the human resources of the internal auditing department.
Internal auditors must comply with professional standards of conduct.
Responses:
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