Which of the following best describes a consulting engagement rather than an assurance engagement?
A.
Bank internal auditors review an activity checklist to determine that the loan officer followed proper procedures.
B.
The chief financial officer asks for the internal auditor's opinion regarding whether the new accounting pronouncements were properly and comprehensively adopted.
C.
An internal auditor is assigned to assess whether a proposed new initiative to convert a customer service system would be cost-effective.
D.
Senior management asks the internal audit activity to review compliance with customer data security regulations.
Consulting engagements often involve providing advice or opinions at management's request. In this case, providing input on the accounting pronouncements falls under a consulting capacity, consistent with IIA definitions of consulting services​​.
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