An internal auditor obtains spreadsheets created by the finance department of an organization. The internal auditor contacts a third party about the source data that was utilized to create the spreadsheets before going on to perform a ratio analysis and a comparison of budget versus actual data. What is the most likely reason that the internal auditor involved a third party before performing further analysis?
An organization is beginning to implement an enterprise risk management program. One of the first steps is to develop a common risk language. Which of the following statements about a common risk language is true?
The first stage in the development of a crisis management program is to:
Why is the concept of residual risk important?
Which of the following techniques would provide the most compelling evidence that a safety hazard exists within a manufacturing facility?
An internal auditor has been engaged to assess fraud risks associated with a new financial software system.Which competency would best help the auditor complete the task?
