Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the purpose of maintaining a competency profile of the IAS/IAU personnel?
What is the purpose of maintaining a competency profile of the IAS/IAU personnel?
- To address and monitor competency gaps (correct)
- To recruit new internal auditors
- To allocate budget for training programs
- To establish a strategic audit plan
How often does the IAS review and update its training and development plan?
How often does the IAS review and update its training and development plan?
- Semi-annually (correct)
- Biennially
- Quarterly
- Annually
What primarily influences the budget of the IAS?
What primarily influences the budget of the IAS?
- Strategic and annual audit plan (correct)
- Training and development programs
- Competency model
- Personnel recruitment
Why must training and development programs be reviewed and updated in a timely manner?
Why must training and development programs be reviewed and updated in a timely manner?
Signup and view all the answers
What is the purpose of considering the cost of completing planned audit engagements when preparing the budget?
What is the purpose of considering the cost of completing planned audit engagements when preparing the budget?
Signup and view all the answers
