The key issues for an external auditor evaluating a client's internal audit function are the:
A) competence and professionalism of internal audit staff.
B) timing and scope of the internal audit's work.
C) size of the internal audit function and its reporting independence.
D) quality of internal audit work and the independence of the internal audit function.

Question

Quizplus · Accepted Answer

The key issues for an external auditor evaluating a client's internal audit function are primarily the quality of internal audit work and the independence of the internal audit function. While the competence and professionalism of internal audit staff, timing and scope of their work, and the size of the internal audit function are also important factors, they ultimately contribute to the quality of the internal audit work and independence of the function. Therefore, choice D is the best answer.

The Key Issues for an External Auditor Evaluating a Client's