Changed IIA-ACCA Exam Questions

The organization's audit universe is extensive and diverse.

There has been an increase in unanticipated requests for advisory work.

Previous work provided by the external service provider has been of great quality and value.

A recent benchmarking study found that using external service providers is a common practice of similarly-sized IAAs in other organizations.

Define the duties and responsibilities needed from management to perform the engagement.

Disclose the fact that auditors who perform the work may not be subject matter experts in the topic of the review.

Clarify that matters discovered during the engagement may also be reported to senior management and the audit committee.

Disclose the fact that follow-up reviews may be conducted to ensure that recommendations are implemented adequately.

The need and availability of automated support.

The potential impact of key risks.

The expected outcomes and deliverables.

The operational and geographic boundaries.

The complexity of deficiency findings.

The adequacy of preliminary survey information.

The organization and content of workpapers.

The method and amount of supporting detail used for the audit report.