Internal Auditors become trust advisors when they do the following EXCEPT Group of answer choices None of the choices Leverage their deep knowledge and experience in diverse business areas. Effectively identify the root cause of operational issues and use facts and figures to support statements. Share knowledge, insight, case studies, updates, and other facts that demonstrate their personal Investment in the well-being of the organization even when an audit is not underway. Eloquently present the benefits of recommendations in terms of improving the control environment, but more importantly, how they reduce risk exposures and support efforts to achieve business objectives.

Ashavin

Audit and assurance standards recognize the vital importance of performing audit and assurance activities with proficiency, due professional care and objectivity.  Cynthia Cooper, WorldCom whistleblower and internationally recognized expert on ethics and leadership in an interview (https://www.cfo.com/human-capital-careers/2008/02/worldcom-whistle-blower-cynthia-cooper/) on ethics stated, "I think we have to do our best not to forget what we've been through and hold tight to the positive changes in corporate governance that so many people have worked to achieve. Question A:  If Management is pressuring an internal auditor to look the other way, explain how the internal audit and assurance professional standards can help in this situation. Question B: In the article, she states, "My feelings changed from curiousity to discomfort to suspicion based on some of the accounting entries my team and I had identified, and also on the odd reactions I was getting from some of the fiannce…

Which of the following accurately describes a characteristic of a management letter? Select all that apply. written on the auditor's letterhead O addressed to management or those charged with governance O reports internal control weaknesses O includes documentation of materiality and the audit plan O signed by management