Evaluation of governance processes and risk management by internal auditors.

AAA – Nov 2018 – L3 – Q4a – Internal audit and outsourcing

Evaluation of governance processes and risk management by internal auditors.

Question

“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.”

Required:
Evaluate the objectives of FOUR (4) governance processes and FOUR (4) risk management processes that an internal auditor must consider and identify the audit work that must be done. (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Evaluation of governance processes and risk management by internal auditors.
Level: Level 3

Topic: Internal audit and outsourcing
Series: NOV 2018

Question Tag: Evaluation of governance processes and risk management by internal auditors.

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

AAA – Nov 2018 – L3 – Q4a – Internal audit and outsourcing