An organization's chief audit executive (CAE) has been asked to conduct an assurance engagement for an information technology system that was subject to a consulting engagement in the prior year. How should the CAE respond?
A) Decline the engagement because independence and objectivity would be impaired.
B) Delay the assurance engagement to ensure that there is a two-year period between the engagements.
C) Accept the engagement and assign different auditors to conduct the assurance services.
D) Facilitate a control self-assessment workshop instead of performing an assurance engagement.
Correct Answer:
Verified
Q371: Which of the following are acceptable resources
Q372: Within the internal audit process, which of
Q373: According to the Standards, a review team
Q374: One of an organization's quality objectives is
Q375: An employee who recently transferred into the
Q377: During an audit engagement in an insurance
Q378: Which of the following would be a
Q379: Which of the following processes should be
Q380: A daily log of treasury dealers who
Q381: Which of the following actions by the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents