Certified Internal Auditor (CIA) Part 2: Practice of Internal Auditing — Question 269

According to IIA guidance, which of the following factors should the auditor in charge consider when determining the resource requirements for an audit engagement?

Answer options

• A. The number, experience, and availability of audit staff as well as the nature, complexity, and time constraints of the engagement.
• B. The appropriateness and sufficiency of resources and the ability to coordinate with external auditors.
• C. The number, proficiency, experience, and availability of audit staff as well as the ability to coordinate with external auditors.
• D. The appropriateness and sufficiency of resources as well as the nature, complexity, and time constraints of the engagement.

Correct answer: D

Explanation

Option D is correct because it highlights the importance of both resource appropriateness and sufficiency along with the engagement's nature, complexity, and time constraints, which are essential considerations for effective audit planning. Options A and C focus on audit staff but do not adequately address the sufficiency of resources in relation to engagement specifics, while option B lacks the engagement's complexity and time constraints, making it incomplete for this context.