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CS Professional · Internal and Forensic Audit · Reporting under Internal Audit

The internal auditor of Gupta Steels Ltd. found that the plant head's relative was awarded a contract without tendering. The plant head requests that the finding be softened to 'minor procedural deviation'. The auditor includes the facts as found, with supporting evidence, in the report. Which characteristic is the auditor mainly upholding?

The auditor is upholding objectivity and fairness. The report states the facts as found and backs them with evidence, instead of diluting the finding under pressure from the auditee. An unbiased, evidence-based report is a core characteristic of a good internal audit report.

  1. AConciseness of language
  2. BObjectivity and fairnessCorrect
  3. CTimeliness of submission
  4. DUniformity of presentation

Explanation

Reporting facts as found, supported by evidence and without bowing to pressure, reflects objectivity. Objectivity is also referred to in SA 610 (Revised) as something supported by the function's organizational status and policies. Conciseness, timeliness and uniformity are not the issue here.

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