When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?
When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?
The most appropriate role for the CAE is to ensure that regulatory and professional requirements are properly considered during the selection process. This aligns with the CAE's responsibilities in maintaining oversight of governance and compliance matters.
Why would it not be "C-determine the selection criteria"? My understanding is this would involve setting the standards and requirements the external auditor must meet, ensuring they align with the organizational needs including regulatory requirements.
The CAE is well-positioned to understand the organization’s needs
Can someone explain why the CAE can identify such requirements, despite that he can mostly provide assessments and undirected discissions
Why not D?