According to IIA guidance, which of the following statements is correct concerning the knowledge, skills, and competencies required to fulfill the responsibilities of the internal audit activity (IAA)?
According to IIA guidance, which of the following statements is correct concerning the knowledge, skills, and competencies required to fulfill the responsibilities of the internal audit activity (IAA)?
According to IIA guidance, the internal audit activity (IAA) must collectively possess the knowledge, skills, and competencies needed to perform all engagements. This means that while individual auditors may have specialized skills, the audit activity as a whole should have or be able to obtain the required capabilities to carry out their responsibilities effectively.
Why not A
The IAA does not always have the skills to collectively perform ALL of the tasks assigned. That is why It may request service providers.
A wrong because 1210 – Proficiency Internal auditors must possess the knowledge, skills, and other competencies needed to perform their individual responsibilities. The internal audit activity collectively must possess or obtain the knowledge, skills, and other competencies needed to perform its responsibilities.
The answer to your question is in D narrarive