Newly Released IIA IIA-CIA-Part3 Exam PDF

When developing the annual internal audit plan, the CAE must consider input from senior management, the board, and other internal assurance providers to ensure coordination and avoid duplication of efforts. While operational management, external auditors, and the CEO may also provide input, IIA Standards emphasize coordination with internal assurance providers as a mandatory step.

When disagreements occur regarding risk management or audit findings, the CAE should first escalate the matter within management levels to attempt resolution. Only if the disagreement remains unresolved after discussion with senior management should the CAE report the matter to the board or audit committee.

Options B and C are premature: the charter does not grant internal audit supremacy over management’s decisions, and documenting disagreement in the audit report should occur only after reasonable attempts at resolution. Option A (escalating immediately to the board) should occur only if discussion with management does not resolve the issue.