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CS Professional · Internal and Forensic Audit · Practices related to Internal Auditing

At the close of fieldwork, an internal auditor at Ganga Cement Ltd discusses preliminary findings with the plant manager before issuing the report. What is the main purpose of this discussion?

The purpose is to confirm the factual accuracy of the findings and understand management's response. It helps avoid misstatements and secures action plans, but the auditor keeps independence, does not drop valid findings on request, and still issues a written report.

  1. ATo obtain management's agreement to drop adverse findings
  2. BTo confirm factual accuracy of findings and understand management's responseCorrect
  3. CTo transfer responsibility for the findings to the plant manager
  4. DTo replace the need for a written report

Explanation

A closing meeting lets the auditor verify the facts, clarify misunderstandings and record management's comments and action plans. Independence means findings are not dropped merely because management disagrees. Responsibility for the audit conclusions stays with the auditor, and the discussion does not replace the written report.

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