Question: Why is it important for an internal audit function to assess the relevant risks before agreeing to conduct a consulting engagement? Consider risks to both
Why is it important for an internal audit function to assess the relevant risks before agreeing to conduct a consulting engagement? Consider risks to both the organization and the internal audit function in your answer.
Step by Step Solution
3.44 Rating (163 Votes )
There are 3 Steps involved in it
Assessing relevant risks before agreeing to conduct a consulting engagement is crucial for the internal audit function due to its significant impact on both the organization and the internal audit fun... View full answer
Get step-by-step solutions from verified subject matter experts
