Independence permits internal auditors to render impartial and unbiased judgments.The best way for internal audit departments to achieve independence is through
A) Individual knowledge and skills.
B) Organizational knowledge and skills.
C) Supervision within the organization.
D) Organizational status and individual objectivity.

Question

Quizplus · Accepted Answer

Independence can be achieved through organizational status, such as having direct access to senior management and the board, and individual objectivity, which is maintained through ethical standards and a commitment to impartiality. Individual knowledge and skills and organizational knowledge and skills are important for ensuring the effectiveness of internal audit activities, but they do not directly contribute to independence. Supervision within the organization may also help ensure quality, but it does not necessarily lead to independence.

Independence Permits Internal Auditors to Render Impartial and Unbiased Judgments