and other expectations should be reached and the results of the consulting engagement communicated in accordance with consulting standards. 2220.C1 In performing consulting engagements, internal auditors must ensure that the – scope of the engagement is sufficient to address the agreed-upon objectives. If internal auditors develop reservations about the scope during the engagement, these reservations must be discussed with the client to determine whether to continue with the engagement. 2220.C2 During consulting engagements, internal auditors must address controls – consistent with the engagement’s objectives and be to significant control issues. 2230 Engagement Resource Allocation – Internal auditors must determine appropriate and sufficient resources to achieve engagement objectives based on an evaluation of the nature and complexity of each engagement, time constraints, and available resources. 2240 Engagement Work Program – Internal auditors must develop and document work programs that achieve the engagement objectives. 2240.A1 Work programs must include the procedures for identifying, analyzing, – evaluating, and documenting information during the engagement. The work program must be approved to its implementation, and any adjustments approved promptly. 2240.C1 Work programs for consulting engagements may vary in form and content – depending upon the nature of the engagement. 2300 Performing the Engagement – Internal auditors must identify, analyze, evaluate, and document sufficient information to achieve the engagement’s objectives. 2310 Identifying Information – Internal auditors must identify sufficient, reliable, relevant, and useful information to achieve the engagement’s objectives. Interpretation: Sufficient information is factual, adequate, and convincing so that a prudent, informed person would reach the same conclusions as the auditor. Reliable information is the best attainable information through the use of appropriate engagement techniques. Relevant information supports engagement observations and recommendations and is consistent with the objectives for the engagement. Useful information helps the organization meet its goals. 2320 Analysis and Evaluation – Internal auditors must base conclusions and engagement results on appropriate analyses and evaluations.
and other expectations should be reached and the results of the consulting engagement communicated in accordance with consulting standards. 2220.C1 – In performing consulting engagements, internal auditors must ensure that the scope of the engagement is sufficient to address the agreed-upon objectives. If internal auditors develop reservations about the scope during the engagement, these reservations must be discussed with the client to determine whether to continue with the engagement. 2220.C2 – During consulting engagements, internal auditors must address controls consistent with the engagement’s objectives and be to significant control issues. 2230 – Engagement Resource Allocation Internal auditors must determine appropriate and sufficient resources to achieve engagement objectives based on an evaluation of the nature and complexity of each engagement, time constraints, and available resources. 2240 – Engagement Work Program Internal auditors must develop and document work programs that achieve the engagement objectives. 2240.A1 – Work programs must include the procedures for identifying, analyzing, evaluating, and documenting information during the engagement. The work program must be approved to its implementation, and any adjustments approved promptly. 2240.C1 – Work programs for consulting engagements may vary in form and content depending upon the nature of the engagement. 2300 – Performing the Engagement Internal auditors must identify, analyze, evaluate, and document sufficient information to achieve the engagement’s objectives. 2310 – Identifying Information Internal auditors must identify sufficient, reliable, relevant, and useful information to achieve the engagement’s objectives. Interpretation: Sufficient information is factual, adequate, and convincing so that a prudent, informed person would reach the same conclusions as the auditor. Reliable information is the best attainable information through the use of appropriate engagement techniques. Relevant information supports engagement observations and recommendations and is consistent with the objectives for the engagement. Useful information helps the organization meet its goals. 2320 – Analysis and Evaluation Internal auditors must base conclusions and engagement results on appropriate analyses and evaluations.