IIA-CIA-Part1 Exam Questions Tutorials

A primary responsibility of senior management with respect to ethical violations is to promote an ethical culture in the organization. Senior management's role includes setting the tone at the top, demonstrating ethical behavior, and ensuring that ethical standards are communicated and enforced throughout the organization.

IIA guidance and corporate governance frameworks which emphasize the role of senior management in fostering and maintaining an ethical organizational climate.

Ensuring an organization's risk management program remains effective over time is most critically supported by conducting a combination of ongoing risk reviews and individual evaluations. This approach allows for continuous monitoring and updating of the risk landscape, ensuring that the risk management processes adapt to changes in both internal and external conditions.

IIA guidance on effective risk management practices

The statement that the internal audit activity shall develop a flexible audit plan based on risk assessment and submit this plan to the board for approval is typically found in the responsibilities section of the internal audit charter. This element emphasizes the planning aspect of audit activities, showcasing the audit's alignment with organizational risks and the governance structure's oversight.

IIA's International Standards for the Professional Practice of Internal Auditing

Considering the possibility of noncompliance or irregularities at all times during an engagement best demonstrates an internal auditor's due professional care. This proactive approach to skepticism ensures that the auditor remains vigilant and prepared to identify any indications of noncompliance or irregular activities, which is central to upholding the integrity of the audit process.

IIA standards on due professional care, which emphasize the importance of maintaining an attitude of professional skepticism throughout the audit process.