Audit Management

Question 1

What an organization audit’s function should align with?

Answer 1

The organization’s mission and goals, and work well alongside IT governance and operations.

Question 2

Where should the audit functions be defined and describes

Answer 2

In a charter document.
The charter should clearly define roles and responsibilities that are consistent with ISACA audit standard and guidelines.

Question 3

Audit program

Answer 3

Plan for conduction audits over a given period. It

describe the audit strategy and audit plans.

Question 4

What are included in audit plan

Answer 4

Scope, objectives, resources, and procedures used to evaluate a set of controls and deliver an audit opinion.

Question 5

Strategic audit planning

Answer 5

To determine the audit activities that need to take place in the future, including an estimate of the resources required to support those activities

Question 6

Organization’s goals and objectives

Answer 6

Translate down into audit activities

Question 7

Factors that affect an audit

Answer 7

1-Organization's goals and objectives
2-New organization initiatives
3-Market conditions
4-Changes in Technology
5-Changes in regulatory requirements

Question 8

Changes in Audit Services

Answer 8

1-New Internal audits
2-New external audits
3-Market competition
4-Increase in audit scope
5-Impact on business process
6-Changes in audit standards

Question 9

Resource planning

Answer 9

At least once per year, management needs to consider all of the internal and external factors that affect auditing to determine the resources required.