Podcast
Questions and Answers
What techniques can auditors use to assess control design and effectiveness?
What techniques can auditors use to assess control design and effectiveness?
Inquiry, observation, inspection, or reperformance techniques
Why is asking open-ended questions more effective than close-ended questions during an audit?
Why is asking open-ended questions more effective than close-ended questions during an audit?
To elicit a description or explanation
What is the significance of examining instances where normal procedures were not followed during an audit?
What is the significance of examining instances where normal procedures were not followed during an audit?
To identify weaknesses and recommend design improvements
Why is it important for auditors to assess the level of competence of individuals performing controls?
Why is it important for auditors to assess the level of competence of individuals performing controls?
What is the benefit of following a dynamic approach rather than a checklist-based approach in auditing?
What is the benefit of following a dynamic approach rather than a checklist-based approach in auditing?
When a weakness is identified during an audit, what action may be necessary?
When a weakness is identified during an audit, what action may be necessary?
What is the term used to describe the tendency of survey participants to answer questions in a way that will be viewed favorably by others?
What is the term used to describe the tendency of survey participants to answer questions in a way that will be viewed favorably by others?
How can false negatives occur during observation in auditing?
How can false negatives occur during observation in auditing?
What is one manifestation of social desirability bias during observation in auditing?
What is one manifestation of social desirability bias during observation in auditing?
Why should auditors be mindful of social desirability bias when observing working conditions?
Why should auditors be mindful of social desirability bias when observing working conditions?
What is one common way of collecting evidence during audits besides observation?
What is one common way of collecting evidence during audits besides observation?
What types of documents may auditors examine during document inspection?
What types of documents may auditors examine during document inspection?
What are some examples of items that internal auditors may observe during an audit?
What are some examples of items that internal auditors may observe during an audit?
What are the two ways in which auditors can conduct observations?
What are the two ways in which auditors can conduct observations?
How can the quality of information obtained during an observation be affected?
How can the quality of information obtained during an observation be affected?
Why is it important for auditors to consider whether the auditee is aware of being observed?
Why is it important for auditors to consider whether the auditee is aware of being observed?
What potential issue can arise if auditees know about the auditor's observation in a work site?
What potential issue can arise if auditees know about the auditor's observation in a work site?
How does visual evaluation help auditors in operational audits?
How does visual evaluation help auditors in operational audits?
