During the planning phase of an audit of suspected overbilling on contracts for security services, an auditor should perform all of the following except:
A.
Interviewing an official of the security services company to determine the cause of recent increases in billings for services.
B.
Interviewing the manager who requested the audit engagement.
C.
Obtaining a copy of the contract between the two organizations.
bcus this is planning phase and and also you cannot go the suspected party and ask them why your billing is high , you're internal auditor in your company not in the 2nd party company
I think this is a borderline situation smelling fraud. It would be better to gather first evidence that overbilling on contracts occur and then, once evidence is gathered, it would be important to understand if it is something done for unintentionally or intentionally. In case it is intentional, It would be better to leave the interview to a CFE.
Since its till an Audit planning phase ...I don't think interviewing will happen until audit field work happen. in planning phase I believe most of the time collection of document happen so I believe answer should be "C"
Kindly help me understand the question and why answer is correct
upvoted 2 times
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