In the development of the appropriate audit plan, it is important that the internal auditor obtain...

 

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In the development of the appropriate audit plan, it is important that the internal auditor obtain sufficient and appropriate audit evidence to understand the implications of fraud that might impact the operations of entity's especially in times of natural disasters. Required: a. Briefly discuss the concept of persuasiveness as it relates to the development of modern internal audit programs. b. Distinguish between management fraud and misappropriation of assets. [- c. Outline three roles of the internal audit activity as it relates to the business continuity process in modern entities. s] In the development of the appropriate audit plan, it is important that the internal auditor obtain sufficient and appropriate audit evidence to understand the implications of fraud that might impact the operations of entity's especially in times of natural disasters. Required: a. Briefly discuss the concept of persuasiveness as it relates to the development of modern internal audit programs. b. Distinguish between management fraud and misappropriation of assets. [- c. Outline three roles of the internal audit activity as it relates to the business continuity process in modern entities. s]

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a Persuasiveness in the development of modern internal audit programs refers to the level of confidence or assurance that the audit evidence obtained is reliable and sufficient to support the conclusi... View the full answer