Question 3a
Marking Guide
2 marks for each independence factor. 1 for explaining the issue and 1 for mitigating that factor.
– reporting system | |
| – scope of work | |
| – actual audit work | |
| – length of service of internal audit staff | |
| – appointment of chief internal auditor | |
| – external auditor assistance with internal audit? (additional to answer) | |
| – other relevant points | |
| maximum marks | 8 |