Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?
Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?
Determining the costs of implementing the recommendations would not be a typical activity for the chief audit executive following an audit engagement. This responsibility generally falls to management, who would assess the financial implications and feasibility of implementing audit recommendations. The chief audit executive's role is more focused on reporting follow-up activities to senior management, evaluating residual risks, and assessing the extent of improvements.
WHY? CAN SOMEONE EXPLAIN PLEASE
The cost/benefit of the recommendation has already been analyzed (estimated) during the engagement. The implementation budget is the responsability of management.