Which of the following statements is true to ensure individual objectivity of internal auditors as per IIA Standards?
A)Internal audit should be involved in the design of internal control systems, because of the knowledge of controls, but should not operate such systems.
B)It is not appropriate for internal auditors to design, install or operate systems or write procedures manuals for systems.
C)It is permissible for the internal auditor to be involved in designing and installing internal control systems (but not be involved in their operation), providing the head of internal audit reports to the board of directors or audit committee.
D)The internal auditor should prepare procedures manuals for systems, but should not be involved in their design, installation or operation.

Question

Quizplus · Accepted Answer

According to Principle 3 of the IIA Standards, it is not appropriate for internal auditors to design, install or operate systems or write procedures manuals for systems. This is to ensure that internal auditors remain objective and independent in their evaluation of internal controls. The involvement of internal auditors in such activities may give rise to conflicts of interest and compromise their objectivity. Therefore, choice B is the correct option.

Which of the Following Statements Is True to Ensure Individual