An external assessment of an organization’s internal audit activity was last completed four years ago. Which of the following options would be acceptable this year if the internal audit activity is to fulfill the requirements of the Standards?
An external assessment of an organization’s internal audit activity was last completed four years ago. Which of the following options would be acceptable this year if the internal audit activity is to fulfill the requirements of the Standards?
An external assessment of an organization’s internal audit activity must be completed at least once every five years and must be conducted by a qualified, independent assessor or assessment team from outside the organization. Option A is the only choice that ensures an external and independent validation in line with the Standards. It includes a self-assessment validated by a qualified internal auditor and subsequently scheduling an independent external assessor, fulfilling the requirement for independence and qualifications mandated by the Standards.
Why not C?