AUI2601 (Internal Auditing: Theory And Principles) Assignment 2 Solutions, Semester 1 2023, 6 April 2023. Answers are in detail and correct - Good luck!
PREVIEW:
QUESTION 3
3.1 Based on the information in the scenario,
comment on the reporting structure of the
internal audit function in relation to
organisational independence.
The internal audit function is currently
incorporated within the finance division, which
indicates a lack of independence. According to
the IIA Standards, organizational independence
is effectively achieved when the chief audit
executive reports functionally to the board and
administratively to the CEO through a dual-
reporting
Assignment 2 Semester 1 2023 (849463)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BcomStudyPacks. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.