Part (d) for 5 marks required additional procedures the internal auditors of Greystone Co could perform; this was in addition to their current role of performing regular inventory counts. This required candidates to use their knowledge of internal audit assignments and apply it to a retailer scenario.

On the whole candidates performed satisfactorily on this question. Many were able to identify assignments such as value for money audits, reviewing internal controls, assisting the external auditors and other operational internal audits.

However some candidates restricted their answers to assignments the auditors would perform in light of the control deficiencies identified in part (b) of their answer. This meant that their answers lacked the sufficient breadth of points required to score well.