Many _____________________ are conducted in accordance with established Standards, INTOSAI,
or IFAC standards. The International Organization of Supreme Audit Institutions
______________________ promulgates standards for government organizations where as the
International Federation of Accountants _________________ provides additional guidance and
standards:
B
Section _________ will detail some specific audit planning steps that are often utilized to ensure that
the appropriate legal and audit standards are applied in ___________:
C
Standards must be reviewed and applied appropriately during the conduct of an audit. Following are
some illustrations of situations that may arise during the course of an audit EXCEPT:
D
Although not a generally accepted practice by most audit organizations, some may not comply with
audit standards and call the final product reviews or studies. The entire following are some specific
examples where standards may not be used EXCEPT:
B
The IIA has developed the Professional Practices Framework (PPF). In general, a framework provides
a structural blueprint of how a body of knowledge and guidance fits together. As a coherent system,
it facilitates all of the following to a discipline or profession EXCEPT:
A
The purpose of the _________ is to organize the full range of internal audit guidance in a manner
that is readily accessible on a timely basis. By encompassing current internal audit practice as well as
allowing for future expansion, the _________ is intended to assist practitioners throughout the world
in being responsive to the expanding market for high quality internal audit services.
C
____________ is an independent, objective assurance and consulting activity designed to add value
and improve an organization’s operations. It helps an organization accomplish its objectives by
bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk
management, control, and governance processes.
D
The purpose of __________ is to promote an ethical culture in the profession of internal auditing. A
___________ is necessary and appropriate for the profession of internal auditing, founded as it is on
the trust placed in its objective assurance about risk management, control, and governance:
B
Within the new framework, the Guidance Task Force called for the development of three sets of
standards please mark the correct
answer:
A
The _________ address the attributes of organizations and individuals performing internal audit
services. The ___________ describe the nature of internal audit services and provide quality criteria
against which the performance of these services can be measured:
D