alleryStart learning →Which body sets recognised standards for internal auditors?
AStock Exchange Board
BFederal Reserve Board
CWorld Trade Organization
DInstitute of Internal Auditors
Answer & Solution
Correct answer: D. Institute of Internal Auditors
The IIA is the internationally recognised standard-setting body for the internal audit profession.
Keep practising Audit Planning Strategy and Execution
Browse all Audit Planning Strategy and Execution questions for CA Final, or explore more Auditing topics.
Related questions
Working papers help third parties do what?Internal audit tests the most important controls using which approach?Working papers help show that the audit was performed in line with what?Which development lets auditors analyse entire datasets instead of samples?If liquidation becomes imminent, statements are prepared on what basis?How long is the foreseeable future usually regarded under the going concern assumption?The IAASB issues which of these?Internal auditors are employed by whom?