CAE’s Previous Responsibility for Non-audit Functions
- This topic has 2 replies, 2 voices, and was last updated 9 months, 2 weeks ago by Brian Hock.
“If the IAA accepts responsibility and the operation is part of the audit plan, the CAE could minimize the
impairment to objectivity by using a third party to complete the audit (for example, an external auditor or
third-party contractor).” In which situation internal audit accepts management responsibility?
” the CAE should confirm that the individuals who have operational responsibility will not participate in any internal audits of the operation.” How this can be done? and further whether it needs to be included in both charter or audit plan?
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