Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 25

According to IIA guidance, which of the following is true about the supervising internal auditor's review notes?
They are discussed with management prior to finalizing the audit.
They may be discarded after working papers are amended as appropriate.
They are created by the auditor to support her fieldwork in case of questions.
They are not required to support observations issued in the audit report.

Answer options

• A. 1 and 3 only
• B. 1 and 4 only
• C. 2 and 3 only
• D. 2 and 4 only

Correct answer: D

Explanation

The correct answer D indicates that review notes may be discarded after the working papers are updated and that they are not necessary to back up the observations in the audit report. Options A and B include statements that are incorrect according to IIA guidelines, while option C incorrectly suggests that review notes are always necessary for audit observations.