Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?
Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?
The most important criteria when assigning responsibility for specific tasks required in an audit engagement is that all auditors assigned a task must have the knowledge and skills necessary to complete the task satisfactorily. This ensures that each assigned task will be performed competently, which is critical for the overall quality and reliability of the audit.
The work of internal audit must possess more confidence than just satisfaction. Thus, more appropriate response is C.
i think C already including on B
confused between B and C any help ?
Tasks cannot always be assigned to the audit team member who is most qualified to perform them. For example, An audit Manager might be most qualified to perform Fieldwork but not it is not cost effective if it can be done by a Junior
B sounds because the option provides "knowledge and skills necessary to complete the task satisfactorily", while D mentions only skills
The confusing for me was that it says "All auditors", not thе "audit team as a whole", but standard 1210 – Proficiency says "Internal auditors" - " all 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 staff (collectively) has the skills related to the audit engagement, but each auditor is assigned to the task for whichhe/she is competent.