Certified Internal Auditor (CIA) Part 1: Business Acumen — Question 42

According to the Standards, which of the following best describes why initial audit test results should be reported to the auditor-in-charge prior to advising management?

Answer options

• A. It increases the likelihood of obtaining the audit client's agreement with the results.
• B. It ensures that an appropriate chain of evidence is maintained through the workpapers.
• C. It helps ensure that appropriate professional judgments and conclusions are made.
• D. It is required to demonstrate that effective engagement supervision has occurred.

Correct answer: C

Explanation

Option C is correct because reporting initial audit test results to the auditor-in-charge aids in making informed professional judgments and conclusions. Options A, B, and D, while relevant to the auditing process, do not specifically address the necessity of professional judgment in light of initial findings.