Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 245

During the planning phase of an assurance engagement, an internal auditor seeks to gain an understanding of how well the area under review is accomplishing its objectives. Which of the following information-gathering techniques is the auditor most likely to use?

Answer options

• A. A review of the key performance indicators of the area under review.
• B. A walkthrough of the key processes of the area under review.
• C. An interview with the manager regarding the area's business plan.
• D. A review of previous audit and follow-up results of the area under review.

Correct answer: B

Explanation

The correct answer is B, as a walkthrough allows the auditor to observe and understand the key processes in real time, providing insights into how objectives are being met. While options A, C, and D offer valuable information, they do not provide the direct observation and engagement that a walkthrough does, which is crucial for a thorough understanding during the planning phase.