Ican 2025 Audit And Assurance Question 5

Practice mixed question 5 from the 2025 Ican Audit And Assurance examination.

Ican 2025 Audit And Assurance Mixed

Question 5 ICAN • 2025 • AUDIT AND ASSURANCE • mixed

One principle of good corporate governance agrees that the internal audit function should be independent, reporting only to the audit committee or the Chief Executive Officer. This has informed some entities’ decision to outsource their internal audit function.

( a )

Explain TWO other reasons for outsourcing the internal audit function.

( b )

Explain SIX advantages of outsourcing the internal audit function.

( c )

Explain FIVE problems of outsourcing the internal audit function.

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This is Ican 2025 Audit And Assurance Question 5. It is one of the mixed questions from the 2025 Ican Audit And Assurance examination.

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