According to IIA guidance, which of the following factors should the auditor in charge consider when determining the resource requirements for an audit engagement?
A.
The number, experience, and availability of audit staff as well as the nature, complexity, and time constraints of the engagement.
B.
The appropriateness and sufficiency of resources and the ability to coordinate with external auditors.
C.
The number, proficiency, experience, and availability of audit staff as well as the ability to coordinate with external auditors.
D.
The appropriateness and sufficiency of resources as well as the nature, complexity, and time constraints of the engagement.
Performance Standard 2230 - Engagement Resource Allocation
Internal auditors must determine appropriate and sufficient resources to achieve engagement objectives based on an evaluation of the nature and complexity of each engagement, time constraints, and available resources.
Interpretation of Standard 2230
Appropriate refers to the mix of knowledge, skills, and other competencies needed to perform the engagement. Sufficient refers to the quantity of resources needed to accomplish the engagement with due professional care.
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