The primary reason for having written formal audit reports is to: a. Provide an opportunity for engagement

Question:

The primary reason for having written formal audit reports is to:
a. Provide an opportunity for engagement client response.
b. Document the corrective actions required of senior management.
c. Provide a formal means by which the external auditor assesses potential reliance on the internal audit function.
d. Record observations and recommended courses of action.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Internal Auditing Assurance & Advisory Services

ISBN: 9780894139871

4th Edition

Authors: Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Cris Riddle, Mark Salamasick, Paul J. Sobel

Question Posted: