As per 610 review of internal audit function by external auditor, 3 points which are given in PM and past exam answers are 1). objectivity 2). Level of competance 3). systematic and disciplined approach But the ans. given in new SM(Internal Audit chapter) is slight different. It covers 4 points 1. Organisational Structure 2. Scope of Function 3. Techincal Competence 4. Due professional Care So which ans. to be considered for Exam to grab the marks

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As per 610 review of internal audit function by external auditor, 3 points which are given in PM and past exam answers are 1). objectivity 2). Level of competance 3). systematic and disciplined approach But the ans. given in new SM(Internal Audit chapter) is slight different. It covers 4 points 1. Organisational Structure 2. Scope of Function 3. Techincal Competence 4. Due professional Care So which ans. to be considered for Exam to grab the marks

Questions › Category: SA-610 › As per 610 review of internal audit function by external auditor, 3 points which are given in PM and past exam answers are 1). objectivity 2). Level of competance 3). systematic and disciplined approach But the ans. given in new SM(Internal Audit chapter) is slight different. It covers 4 points 1. Organisational Structure 2. Scope of Function 3. Techincal Competence 4. Due professional Care So which ans. to be considered for Exam to grab the marks

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Ishita Agrawal asked 4 years ago

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Ravi Staff answered 4 years ago

This answer is old , it is as per old SA 610. Answer is not updated as per revised SA 610. Unfortunate institute has taken question answer from the old material that is why some points are different .Following new standard will be better.