1.6 Meeting Follow Ups (Doshi)

Question 1

Generally accepted audit practice requires reporting of finding

Answer 1

even if corrective action is taken by auditee before issuance of report.

Question 2

Closure meeting ensures that

Answer 2

there have been no misunderstandings or misinterpretation of facts.

Question 3

Closing meeting helps to enhance the understanding between the auditor and the auditee in terms

Answer 3

of what was presented, discussed, and agreed upon.

Question 4

For communication of audit results, IS auditor is ultimately responsible

Answer 4

to senior management and the audit committee of the board of directors.

Question 5

During assignment, if any control weakness is observed which is not in scope of audit,

Answer 5

it should be reported to management. Same should not be ignored.

Question 6

ISACA’s IS Audit and Assurance Standard on reporting requires that the IS auditor

Answer 6

have sufficient and appropriate audit evidence to support the reported results.

Question 7

It is advisable to conduct confirmatory audit after

Answer 7

the timelines agreed by management for remediation action.

Question 8

As a generally accepted practice, auditor should not dictate

Answer 8

the timelines for remediation action.

Question 9

PRIMARY purpose of conducting follow-up audits is to

Answer 9

validate remediation action.