Learn which details should be included in the recognition element of an internal audit report for the IIA-CIA-Part2 exam. Mastering this aspect is crucial for internal auditors.
Table of Contents
Question
Which of the following should be described in the recognition element of a typical internal audit report?
A. Positive aspects of the process or area under review.
B. A brief synopsis of the process or area under review.
C. Outcomes and ratings of the process or area under review.
D. Report issuance and the communication process of the engagement.
Answer
A. Positive aspects of the process or area under review.
Explanation
The recognition element in an internal audit report is designed to acknowledge and highlight positive aspects of the process or area under review. This serves several purposes:
- Motivation and Morale: Recognizing positive aspects can boost the morale of the team or department being audited. It acknowledges their efforts and achievements, which can foster a positive relationship between the auditors and the auditees.
- Balanced Reporting: By including positive findings, the report provides a balanced view. This is crucial for maintaining objectivity and fairness, ensuring that the report does not solely focus on deficiencies or areas needing improvement.
- Encouragement of Best Practices: Highlighting strengths and effective practices can encourage other departments or areas within the organization to adopt similar approaches. It sets a benchmark for what works well.
- Constructive Feedback: While the primary purpose of an audit report is to identify areas for improvement, it is also important to provide constructive feedback. This can be more readily accepted if it is balanced with recognition of what is already being done well.
Option B (A brief synopsis of the process or area under review) refers to the background or scope of the audit rather than recognition. Option C (Outcomes and ratings of the process or area under review) pertains to the evaluation and summary of findings. Option D (Report issuance and the communication process of the engagement) deals with administrative details of how the report is communicated and distributed.
Therefore, the element of recognition specifically addresses the positive aspects, making Option A the correct choice.
IIA-CIA-Part2 certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the IIA-CIA-Part2 exam and earn IIA-CIA-Part2 certification.