IIA IIA-CIA-Part1 Exam With Confidence Using Practice Dumps

Exercising due professional care means ensuring that audit procedures are sufficient to meet the audit objectives and identify all significant risks. Ensuring that the work program is appropriately designed to identify all risks surrounding the payroll process demonstrates due professional care, as it involves planning and performing the audit with diligence and thoroughness.

Option B: Determining compliance with laws is part of due professional care but not as comprehensive as designing the work program to identify all risks.

Option C: Verifying internal controls implementation is part of the audit scope but does not fully encompass due professional care in planning and executing the audit.

Option D: Consulting with the risk manager is a good practice but does not substitute for the auditor ' s responsibility to plan and perform the audit.

IIA Standard 1220: Due Professional Care.

IIA Practice Guide: Due Professional Care.

Rationalization is evident here, as the manager justifies his fraudulent actions by viewing them as compensation for perceived unfair treatment. According to IIA guidance on fraud, rationalization allows individuals to reconcile unethical behavior with their self-concept​​.

Segregating duties between code development and migrating changes into production is a critical control to prevent fraudulent activities by developers. This control ensures that no single individual has the ability to develop code and deploy it to the production environment without oversight. Key benefits include:

Reducing the risk of unauthorized or malicious code changes.

Ensuring that changes are reviewed and tested by a different team before deployment.

Increasing accountability and transparency in the software development lifecycle.

By implementing this control, organizations can prevent developers from committing fraud or making unapproved changes to the ERP system, thereby protecting the integrity and security of the system.

The Institute of Internal Auditors (IIA) Standards and Practice Advisories.

COBIT (Control Objectives for Information and Related Technologies) framework.

" Internal Auditing: Assurance & Advisory Services " by IIA, Chapter on IT General Controls and Segregation of Duties.