Explain the importance of independence and objectivity and how having unfettered access within the organization impacts the
Question:
Explain the importance of independence and objectivity and how having unfettered access within the organization impacts the internal auditors’ ability to review any program, process, system, record, at any time and perform operational reviews.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
ANSWER Independence and objectivity are fundamental principles that underpin the credibility and effectiveness of internal auditing Heres why they are important Independence Independence ensures that ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Operational Auditing Principles And Techniques For A Changing World
ISBN: 9781000388244
2nd Edition
Authors: Hernan Murdock
Question Posted:
Students also viewed these Business questions
-
Read the whitepaper below and summarize what the paper about and discuss the incident response steps the paper mentions and the recovery strategy and phases. Your summary is with 2-3 references and...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Research various global financial services organizations (for example, UBS AG, E-Trade, Schwab, ING, Bank of America, HSBC, RBS) through their company websites and other publicly available...
-
Esther earned 528.00 for the week. If she saved 128.00, how many percent of her earnings for the week did she save?
-
The adjusted trial balance of McCoy Company included the following selected accounts: _____________________________________Debit Credit Sales...
-
Design a PID controller for the drive system of Problem 56, Chapter 8, and shown in Figure P8.15 (Thomsen, 2011). Obtain an output response, L(t), with an overshoot 15%, a settling time of preferably...
-
Using the estimates of the parameters of the Weibull model obtained in Exercise 16.26, estimate the probability that this kind of circuit will perform satisfactorily for at least 100 hours. Data From...
-
Multiple-Choice Questions 1. As manager of a company that is trying to maximize long-run profit, which of the following is a rational profit-maximizing business decision? a. In the long run, shut...
-
Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $90. The manager asked Kim to price the running shoes with a 60% target gross...
-
Describe the difference between retrospective reviews that focus on past events and prospective engagements. List some of the future threats that internal auditors should include in their assessments.
-
What is operational auditing and how can it add value to the organization?
-
Angel Corporation has $15,000,000 of 9.6 percent, 10-year bonds dated April 1, 2011, with interest payment dates of March 31 and September 30. The companys fiscal year ends September 30. It uses the...
-
Heineken International Case Analysis Heineken N.V. is a Dutch brewing company, founded in 1864 by Gerard Adrian Heineken in Amsterdam. As of 2017, Heineken owned over 165 breweries in more than 70...
-
You bought 2 5 0 shares of stock for $ 1 0 0 each. After 1 month, the stock price is 4 % higher and you sell x shares. After 1 year, the stock price is 9 % higher ( from the original purchase price )...
-
5. Aya rode her bicycle from her house to a friend's house, averaging 16 km per hour. It turned dark before she was ready to return home, so her friend drove her home at a rate of 8 km per hour. If...
-
The 2 0 2 4 balance sheet for Hallbrook Industries, Incorporated, is shown below. HALLBROOK INDUSTRIES, INCORPORATED Balance Sheet December 3 1 , 2 0 2 4 ( $ in thousands ) Assets Cash $ 2 0 0 Short...
-
A biologist has a 6 9 2 6 - gram sample of a radioactive substance. Find the mass of the sample after six hours if it decreases according to a continuous exponential decay model, at a relative rate...
-
A small delivery truck was purchased on January 1 at a cost of $25,000. It has an estimated useful life of four years and an estimated salvage value of $5,000. Prepare a depreciation schedule showing...
-
Anne is employed by Bradley Contracting Company. Bradley has a $1.3 million contract to build a small group of outbuildings in a national park. Anne alleges that Bradley Contracting has discriminated...
-
Should the statutory auditor examine the accounts already checked by the internal auditor?
-
What is internal control questionnaire?
-
Distinguish between internal control system and internal check system.
-
In the below database terms: What does "MPPDB" stand for? scaling up, log based database replication, shared disk, MPPDB, omniscient master
-
InfluTaining is a new promotions company formed by three former ad executives who had previous careers in large multi-service advertising agencies. Over the years, they developed close ties with a...
-
What role does organizational storytelling play in transmitting and preserving cultural values, myths, and legends, and how can narratives be strategically employed to align individual and collective...
Study smarter with the SolutionInn App