IIA Exam IIA-CHAL-QISA Topic 2 Question 4 Discussion

Actual exam question for IIA's IIA-CHAL-QISA exam

Question #: 4
Topic #: 2

The internal audit activity is asked to review the effectiveness of controls around the disposal of chemical waste. However, the internal auditors on staff lack the necessary skills to conduct this review Which of the following would be the most appropriate approach?

AAn internal auditor who recently attended a three-day workshop on chemical waste disposal, and therefore has the most knowledge on the topic, should lead the engagement.

BA team of available internal auditors should be assembled and should consult with an external nonaudit expert on chemical waste disposal to plan and conduct the engagement.

CA team of the most knowledgeable auditors could be assembled and use the engagement work program from the previous year to gather additional insight regarding recommended audit procedures

DA nonaudit employee from the chemical disposal area may share his expertise with the audit team, provided the internal audit manager conducts a detailed review of all engagement work performed.

Show Suggested Answer

Suggested Answer: B

Skill Gap Identification: Internal auditors lack the necessary expertise in chemical waste disposal.

Consulting Experts: Engaging an external nonaudit expert ensures that the internal audit team receives the necessary technical knowledge to conduct an effective review.

Team Assembly: By assembling a team of internal auditors and consulting an external expert, the organization leverages both internal audit capabilities and external technical expertise.

Ensuring Competence: This approach ensures that the internal audit activity complies with the IIA Standards, specifically Standard 1210 -- Proficiency, which requires internal auditors to possess the knowledge, skills, and other competencies needed to perform their responsibilities.

IIA Standard 1210 -- Proficiency .

by Jaclyn at Jul 03, 2024, 03:57 AM

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Leoma

11 months ago

I gotta say, the idea of a non-auditor sharing their knowledge without supervision is making me feel a bit queasy, like the chemical waste itself. Hard pass on that one.

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Chun

11 months ago

Ooh, option B sounds like the perfect blend of internal and external expertise. It's like a chemical waste disposal dream team!

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Joni

10 months ago

Yes, it's important to make sure we have the right expertise to effectively review the controls around chemical waste disposal.

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Latrice

10 months ago

Definitely, it's important to make sure we have the right skills and knowledge to conduct a review of this nature.

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Chaya

10 months ago

Plus, consulting with someone who specializes in chemical waste disposal could provide valuable insights that our internal auditors may not have.

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Lavera

10 months ago

I agree, having an external nonaudit expert could really help ensure that the review is thorough and effective.

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Salome

10 months ago

I agree, having an external expert could really help ensure we cover all bases in the audit.

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Lilli

10 months ago

Option B does sound like a great idea. It's always good to have a mix of internal and external knowledge.

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Willis

10 months ago

Yes, it's important to make sure the audit is conducted effectively, especially when the internal auditors lack the necessary skills.

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Ira

10 months ago

I agree, having an external nonaudit expert could really help ensure a thorough review of the controls around chemical waste disposal.

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Celestine

11 months ago

Option B does sound like a great idea. It's always good to have a mix of internal and external expertise.

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Crista

11 months ago

Option B does sound like a great idea. It's always good to have a mix of internal and external expertise.

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Adelina

11 months ago

I prefer option B as well, having a team consult with an external expert would provide a more comprehensive review.

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Shaun

11 months ago

I believe option A could also work, as the auditor who attended the workshop would have the most knowledge.

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Mabelle

12 months ago

I agree with Della, consulting with an external expert would ensure a thorough review.

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Vincent

12 months ago

D? Really? Letting a non-auditor share their expertise without proper oversight? That's a disaster waiting to happen. Hard pass on that one.

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Tegan

11 months ago

B) A team of available internal auditors should be assembled and should consult with an external nonaudit expert on chemical waste disposal to plan and conduct the engagement.

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Ezekiel

11 months ago

A) An internal auditor who recently attended a three-day workshop on chemical waste disposal, and therefore has the most knowledge on the topic, should lead the engagement.

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Jacklyn

12 months ago

I don't know, option A seems a bit risky. A three-day workshop doesn't necessarily make someone an expert on chemical waste disposal. Better to bring in a true specialist.

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Solange

11 months ago

D) A nonaudit employee from the chemical disposal area may share his expertise with the audit team, provided the internal audit manager conducts a detailed review of all engagement work performed.

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Dolores

11 months ago

C) A team of the most knowledgeable auditors could be assembled and use the engagement work program from the previous year to gather additional insight regarding recommended audit procedures

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Lili

11 months ago

B) A team of available internal auditors should be assembled and should consult with an external nonaudit expert on chemical waste disposal to plan and conduct the engagement.

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Della

12 months ago

I think option B is the best approach.

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Donte

1 years ago

Option C seems like a logical choice to me. Using the previous year's work program as a starting point and supplementing it with additional insight is an efficient way to conduct the review.

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Monte

1 years ago

I think option B is the best approach. Bringing in an external expert to assist the internal auditors is a smart move to ensure the review is thorough and accurate.

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Rosalia

11 months ago

It's important to make sure the internal auditors have the necessary expertise to conduct a thorough review.

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Louvenia

11 months ago

I agree, having an external expert involved will definitely add value to the review process.

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