QUESTION 4 A. An internal auditor needs to be competent, capable and objective if their services are deemed adequate for the audit purpose. If an internal auditor does not fulfil the requirement for each of the above attributes, the risk of error or inaccuracy in work carried out is increased. Required: i. As an external auditor, how well do you comprehend the internal auditor's competence, capability, and objectivity? Discuss.

QUESTION 4 A. An internal auditor needs to be competent, capable and objective if their services are deemed adequate for the audit purpose. If an internal auditor does not fulfil the requirement for each of the above attributes, the risk of error or inaccuracy in work carried out is increased. Required: i. As an external auditor, how well do you comprehend the internal auditor's competence, capability, and objectivity? Discuss.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Completing A Quality Audit

Section: Chapter Questions

Problem 21CYBK

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2
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