CIMA BA4 · Chapter 7 · Question 6 of 10
To whom should the head of internal audit ideally have direct access in order to protect independence?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) The audit committee
Explanation
Internal audit independence is supported by a direct reporting line to the audit committee, so that findings about the finance function or senior executives cannot be suppressed. Reporting only to the finance director would create a conflict where internal audit reviews finance department controls.
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