IIA IIA-CIA-Part2 Exam Questions

All assurance engagement observations should be communicated to the audit committee.

All assurance engagement observations should be included in the main section of the
engagement communication.

During the "communicate" phase of an assurance engagement, it is best to define the methods
and timing of engagement communications.

A detailed escalation process should be developed during the planning stage of an assurance
engagement.

Assert whether the described and reported control processes and systems exist.

Assess whether senior management adequately supports and promotes the internal control
culture described in the report.

Evaluate the completeness of the report and management's responses to identified
deficiencies.

Determine whether management's operating style and the philosophy described in the report
reflect the effective functioning of internal controls

 The observation was made during the same audit, and the action plan has a common owner.

The observation relates to the same control activity within a common process.

The observation has a common control, and it was noted in a prior audit.

The observation has a common process, and the action plan for the observation has a common
owner.

Report follow-up activities to senior management.

Implement follow-up procedures to evaluate residual risk.

Determine the costs of implementing the recommendations.

Evaluate the extent of improvements.

 Identify and manage risks in line with the organization's risk appetite.

Ensure that a proper and effective risk management process exists.

Attain an adequate understanding of the organization's key risk mitigation strategies.

Identify and ensure that appropriate controls exist to mitigate risks.