Show:
General QAR
Planning Memo & Planning Meeting
Testing & APG Documentation
Database (PAWS) Documentation & Review
100
Abbreviated as "QAR", this was established to help formalize our current processes related to audit activity, as well as create Internal Operating Guidance to compliment our current Policy Manual.
What is Quality Assessment Review?
100
This spreadsheet is embedded within the Planning Memo, and includes a contingency plan for the audit.
What is the audit and administrative responsibilities spreadsheet?
100
These types of supporting documentation are required to be uploaded into PAWS. Name two.
What are: -Company SOPs -Most recent period of account reconciliations supporting period end account balances obtained -Companies support for JE Thresholds / Approval Hierarchy / Approval listings (e.g., change control) etc. -Selection Source Files – e.g., system generated file of Journal Entries or Master File Changes / Users added to application in review during audit period / program functionality changes.
100
It is not necessary to include an explanation if the test section is deemed Not Applicable
FALSE
200
Abbreviated as APG, these are used for documenting the date of interview and attendees, work that was performed. test results, and link or reference to specific corresponding work papers.
What are Audit Program Guides?
200
These two individuals (audit roles) are required to review and approve the planning memo prior to issuance?
Who are the TC and Job Manager(s)?
200
True or false - if an entire test step is considered to be not applicable, the auditor must document the rationale within the test results/details field in PAWS and within all of the steps in the related APG.
What is false. (NO DOCUMENTATION required for the APG).
300
This firm performed an External Quality Assessment Review of CIA in May 2011.
Who is Ernst and Young (E&Y)?
300
These are some of the major responsibilities for staff members during planning week in order to prepare for an engagement?
What are drafting and/or reviewing the Planning Memo, obtaining an understanding of assigned areas by taking Learn-Live classes, asking TC and/or Job Manager questions, holding overview discussions with Company contacts, selecting samples, etc
300
True or false - an APG conclusion can be deemed EFFECTIVE despite a finding identified related to a key control activity if the auditor feels comfortable that the control objective is being met through compensating or mitigating controls
What is true.
400
Known as IIA, this governing body is is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator.
What is the Institute of Internal Auditors?
400
This is the time when the customer survey is required to be sent to the CIA Admin mailbox?
What is planning week?
400
These are the attributes that are required to be completed within the Test Cover Sheet? Name three
What are: Test purpose / objective Source Scope Quantity Methodology
500
Audit Report - Database Wrap up Guidance and Audit Comment Follow Up Guidance are two of five Internal Operating Guidance documents available for reference within the QAR folder of the CIA Sharepoint site. These are the other three.
What are Audit Planning Phase, Audit Supervision, and Audit Workpaper documentation guidance?
500
These are the five individuals (or titles) that are required to be included in Planning Memo distribution list besides the Job Manager, TC, and team members (name three).
Who are: - CIA Coorindator II - Zakia Dukes - CIA Executive Assistant - Cheryl Gaugler - Finance Audit Director(s) - Corporate Internal Audit - Chris Sirimis, Bill White - IT Audit Director - Corporate Internal Audit - Lars Williamson - Finance or IT Audit Manager for MRC not involved in the audit CIA Coordinator II, CIA Executive Assistant, Finance Director – CIA ( C. Sirimis), Finance Director –CIA ( B. White) , IT Director ( L. Williamson)
500
For open items noted during a pre-implementation review, these two statements are to be documented as "this section intentially left blank."
What are the recommendation and management response?
500
What four areas should the auditor clearly document a FINDING?
1.) Applicable step within APG 2.) Test Template 3.) Test Results/Details 4.) Finding in PAWs