IIA IIA-CIA-Part2 Exam With Confidence Using Practice Dumps

An audit finding should include the standard(s) used by the auditor to make the evaluation (2) and the factual evidence found during the examination (4). These components provide the basis for the auditor's conclusions and ensure that the findings are well-supported and objective. The scope of the audit (1) and the engagement's objectives (3) are typically included in the overall audit report but are not components of individual audit findings.

When an internal auditor finds that there are no written policies regarding the treatment of suspense accounts, the most appropriate first response is to inquire with management about any undocumented policies or procedures that may be in place. This approach helps the auditor understand the existing practices and assess their adequacy. Jumping to conclusions without this understanding could lead to inaccurate audit findings. Ensuring that the auditor comprehensively understands all relevant practices is crucial before evaluating their effectiveness or making recommendations.

IIA Standard 2210: Engagement Objectives

IIA Practice Guide: Auditing the Management of Internal Controls

Workpaper quality issues are a systemic problem that requires improvement of policies, procedures, and guidelines. Per Standard 2330 and 1311 (Internal Assessments), the CAE must establish processes to ensure quality documentation. Deletion (A) is inappropriate. A task force (B) does not address root cause. Option D neglects the systemic issue. The best corrective action is developing and implementing clear guidelines and procedures (Option C).