Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 205

The chief audit executive (CAE) has made a significant change to the internal audit plan and is preparing to present a formal update to the board. According to IIA guidance, which of the following represents the most appropriate approach for the CAE to take?

Answer options

• A. Inform the board of the change before the presentation, and conduct a discussion session at the time of the presentation to answer questions.
• B. Inform senior management of the change and seek their approval before the presentation, then seek approval from the board at the time of the presentation.
• C. Inform senior management and the board of the change via the presentation, then solicit discussion, and finally seek the approval of only the board.
• D. Inform senior management and the board of the change via the presentation; to approvals are necessary.

Correct answer: D

Explanation

The correct answer is D because IIA guidance indicates that the CAE should inform both senior management and the board during the presentation, and approvals are not necessary for the changes made. Options A, B, and C all involve unnecessary steps of seeking approval, which is not required in this scenario.