A chief audit executive (CAE) reviews the supervision of an internal audit engagement. Which of the following would most likely assure the CAE that the engagement had adequate supervision?
A.
The engagement supervisor has an open door policy for audit team members to discuss concerns.
B.
The supervisor reviews weekly progress reports from the audit team members.
C.
The supervisor reviews and initials internal audit workpapers for the engagement.
D.
The supervisor meets periodically with management in the reviewed area to get feedback during the engagement.
Reviewing and initialing the workpapers is a formal way for the supervisor to ensure that the work performed is appropriate, meets quality standards, and complies with the audit objectives. It provides documented evidence of supervision, demonstrating that the work has been reviewed in detail.
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