According to IIA guidance, which of the following would be considered necessary for a one-person audit function?
According to IIA guidance, which of the following would be considered necessary for a one-person audit function?
For a one-person audit function, a memorandum stating policies and procedures would be sufficient. This is because a single auditor does not require the extensive documentation that a larger team would need. A memorandum can succinctly cover the necessary guidelines and is a practical solution for a one-person audit function.
I guess the answer is wrong , Comprehensive IA manual is considered for large IA