The chief audit executive established an internal audit activity (IAA) performance standard requiring all audit reports to be issued within 48 hours of the exit meeting with the client. Which of the following describes an exit meeting strategy that would best help the IAA meet this performance standard?
The objective of the exit meeting is to confirm understanding of audit results. This is crucial because it ensures that both the auditors and the client agree on the findings and understand the issues before the final audit report is prepared. Confirming understanding can streamline the process of finalizing the report, making it feasible to issue it within 48 hours after the exit meeting.
"to reach agreement" sounds quite demanding