Which of the following represents appropriate evidence of supervisory review of engagement workpapers?
1. A supervisor's initials on each workpaper.
2. An engagement workpaper review checklist.
3. A memorandum specifying the nature, extent, and results of the supervisory review of workpapers.
4. Performance appraisals that assess the quality of workpapers prepared by auditors.
Confirmation would be most effective in addressing the existence assertion for:
An internal auditor is assigned to conduct an audit of security for a local area network (LAN) in the finance department of the organization. Investment decisions, including the use of hedging strategies and financial derivatives, use data and financial models which run on the LAN. The LAN is also used to download data from the mainframe to assist in decisions. Which of the following should be considered outside the scope of this security audit engagement?
An internal auditor notes that employees continue to violate segregation-of-duty controls in several areas of the finance department, despite previous audit recommendations. Which of the following recommendations is the most appropriate to address this concern?
When creating the internal audit plan, the chief audit executive should prioritize engagements based primarily on which of the following?
