3 Questions
What is one of the reasons for inadequate audit coverage of Ministries/Departments?
Lack of continuity of programs
What is one of the challenges faced by the internal audit function in the public sector?
Lack of training
What is one of the reasons for the negative perception of auditors by auditees?
Non-compliance with internal controls measures by senior management
Study Notes
Audit Challenges
- Insufficient resources and inadequate audit coverage of Ministries/Departments hinder effective auditing.
- In the public sector, internal audit functions face the challenge of inadequate resources and limited capacity.
- Auditees often perceive auditors negatively due to their fear of criticism, accountability, and potential consequences of audit findings.
Assess your knowledge of internal auditing with this quiz that covers the essential elements of effective internal auditing. Learn about the importance of integrity, competence, objectivity, alignment, resources, quality, communication, and risk management in the internal audit process. Test your understanding of these key concepts and identify areas for improvement in your internal auditing practices.
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