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To what extent the internal auditor should reveal the objectives of the audit? You are required...

To what extent the internal auditor should reveal the objectives of the audit?

You are required to develop arguments for and arguments

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Answer #1

The Internal Auditor should fully reveal the objectives of audit, but they should take care that no one is exploiting any loop holes in the organization procedure.

1. It helps an organization accomplish it's objectives by using a systematic and disciplined approach, therefore revealing the audit objectives reinforces certain controls in the departments.

2. Internal audit is a catalyst for improving upon governance and control processes and risk management of an organization by providing insights and recommendations based on analysis, so it's important to reveal the objectives of audit in order to carefully assess internal control mechanisms.

But the auditors should be careful in disclosing the objectives as some people would be there in an organization to exploit loop holes or manipulate audit procedures.

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