The IIA’s Standards require internal auditors to exercise due professional care while conducting assurance engagements. Which of the following is not something an internal auditor is required to consider in determining what constitutes the exercise of due care in an assurance engagement of treasury operations?
a. The audit committee has requested assurance on the treasury function’s compliance with a new policy on use of financial instruments.
b. Treasury management has not instituted any risk management policies.
c. The independent outside auditors have requested to see the engagement report and working papers.
d. The treasury function just completed implementation of a new real-time investment tracking system.