examMatrix051412 CPA Exam Challenge When assessing internal auditors' objectivity, an independent auditor should: consider the policies that prohibit the internal auditors from auditing areas where they were recently assigned. review the internal auditors' reports to determine that their conclusions are consistent with the work performed. verify that the internal auditors' assessment of control risk is comparable to the independent auditor's assessment. evaluate the quality of the internal auditors' working paper documentation and their recent audit recommendations. A number of factors may affect the internal auditors' objectivity. These factors include recently assigned areas, limitation of resources or abilities to test controls or procedures, and the competency of the internal auditors. For a chance to win a Kindle Fire, sign up here:
