Certified Internal Auditor - Part 2, Conducting the Internal Audit Engagement
Question No. 1
Which of the following situations justifies the release of an interim report to management and the board?
• The internal auditor is convinced that the audit observations require immediate attention.
• The internal auditor would like to communicate a change in engagement scope for the activity under review.
• The internal auditor notes that the engagement may extend over a longer time period.
• The audit supervisor believes that issuing interim reports eases supervisory review and controls over working papers.
Choose the correct option from the given list.
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