An accounts payable clerk has recently transferred Into the internal audit activity and has been...

Question

An accounts payable clerk has recently transferred Into the internal audit activity and has been assigned to an engagement related to accounts payable processes for which he was previously responsible Which of the following is the best action for the new internal auditor to take?

Accepted Answer

B. If it is a consulting engagement decline the assignment and ask to be reassigned, because in a consulting engagement the auditor must not assess operations for areas in which they were previously responsible

Answer

A. If it is an assurance engagement accept the assignment because direct knowledge of the existing accounts payable processes will provide depth and add more value

Answer

C. If it is a consulting engagement accept the assignment because direct knowledge of the existing accounts payable processes will provide depth and add more value

Answer

D. If it is an assurance engagement accept the assignment becausethe chief audit executive had knowledge of the internal auditor's previous role when this engagement was assigned

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Exam IIA-CIA-Part1 All Questions

IIA CIA IIA-CIA-Part1 Question # 177 Topic 19 Discussion

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