Senior management requested that the internal audit activity perform a consulting project to assist in making a decision on a new software system. Which of the following would be used to determine the engagement objectives?
Senior management requested that the internal audit activity perform a consulting project to assist in making a decision on a new software system. Which of the following would be used to determine the engagement objectives?
To determine the engagement objectives for a consulting project, it is essential to understand the expectations and needs of the engagement client. This ensures that the project addresses their specific requirements and helps in making an informed decision on the new software system. While risks, probabilities of errors, and established criteria are valuable in audits and evaluations, understanding the client's expectations is fundamental in a consulting context.
B, B is correct