An engagement supervisor noted that an internal auditor’s personal relationship with a process owner resulted in the auditor providing a favorable and partial assessment during an audit within that process owner’s area. According to IIA guidance, which of the following should be used to manage this impairment?
An internal audit charter is a formal document that defines the purpose, authority, and responsibility of the internal audit function. It helps ensure that internal auditors uphold objectivity and independence in their assessments and engagements. The charter typically includes provisions to manage and address any impairments to audit objectivity, such as personal relationships between auditors and process owners. Therefore, using an internal audit charter is the appropriate mechanism to manage this type of impairment.
ccording to IIA guidance, option A, an internal audit charter, is the appropriate mechanism to manage the impairment caused by an internal auditor's personal relationship with a process owner during an audit. It ensures that internal auditors uphold objectivity and independence in their assessments and engagements.