How often Internal auditor roles, qualifications and characteristics is asked

Where it was asked

What costs marks here

The questions

1. May/Jun 2016, Q1.21.5 marks · multiple choice

   This multiple-choice question requires you to select, for each numbered subsection, the single alternative you regard as most correct, and to write down the subsection number together with the letter of your chosen answer, answering the subsections in numerical order (for example 1.1 A, 1.2 B). Each of the fourteen subsections counts 1½ marks. Identify which one of the following alternatives forms part of the personal characteristics required of an internal auditor, where the listed traits are: (i) a practical approach, (ii) an extrovert personality, (iii) being assertive, and (iv) good interpersonal relations.

2. May/Jun 2016, Q1.71.5 marks · multiple choice

   This multiple-choice question requires you to select, for each numbered subsection, the single alternative you regard as most correct, and to write down the subsection number together with the letter of your chosen answer, answering the subsections in numerical order (for example 1.1 A, 1.2 B). Each of the fourteen subsections counts 1½ marks. If you were establishing an internal auditing department for your company, decide which approach you would most likely follow when appointing staff: appointing internal auditors who each individually possess all the necessary skills for handling all auditing assignments; appointing inexperienced personnel and training them according to the company's needs; appointing qualified accountants because most audit work is related to accounting; or appointing internal auditors who collectively have the knowledge and skills needed to complete all internal auditing engagements.

3. Oct/Nov 2013, Q1.61.5 marks · multiple choice

   For each part of this multiple-choice question, choose only the one alternative you consider most correct. Write down the sub-question number followed by the letter of the alternative you selected, and answer the parts in numerical order, for example 1.1 A, 1.2 B. Each part counts 1½ marks. (Questions adapted from Vallabhaneni: CIA Exam Review.) Which one of the following alternatives forms part of the required personal characteristics of an internal auditor? Consider these options: I - Practical approach; II - Extrovert personality; III - Assertive; IV - Good interpersonal relations.

4. May/Jun 2013, Q1.101.5 marks · multiple choice

   Candidates must answer this multiple-choice question by choosing only one alternative that they consider most correct for each subsection, writing down the subsection number together with the letter of the alternative chosen, and answering the subsections in numerical order (for example, 1.1 A, 1.2 B). Each subsection counts 1½ marks. Select the INCORRECT alternative regarding the required personal qualities of an internal auditor.

5. May/Jun 2013, Q4.15 marks

   You recently attended a conference jointly hosted by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, themed 'The diverse roles of internal auditors in today's world'. The Chief Audit Executive has asked you to prepare a short presentation for your colleagues summarising what you learned at the conference, and has requested that your presentation include, at minimum, a discussion of fraud and risk management. Explain the respective roles played by management and by the internal auditor in relation to risk management.

6. May/Jun 2013, Q4.25 marks

   You recently attended a conference jointly hosted by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, themed 'The diverse roles of internal auditors in today's world'. The Chief Audit Executive has asked you to prepare a short presentation for your colleagues summarising what you learned at the conference, and has requested that your presentation include, at minimum, a discussion of fraud and risk management. Explain what role the internal auditor plays specifically in the detection of fraud.

7. Oct/Nov 2012, Q4.16 marks

   Picture that you recently attended a conference organised jointly by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, held under the theme 'The diverse roles of internal auditors in today's world'. Your Chief Audit Executive has now asked you to put together a short presentation to share what you learned at the conference with your colleagues, and has requested that the presentation deal with, at minimum, fraud, control and governance processes. With reference to the conference theme on the diverse roles of internal auditors, explain what role the internal auditor plays in governance processes, applying the guidance found in IIA Standard 2110 - Governance.

8. Oct/Nov 2012, Q4.27 marks

   Picture that you recently attended a conference organised jointly by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, held under the theme 'The diverse roles of internal auditors in today's world'. Your Chief Audit Executive has now asked you to put together a short presentation to share what you learned at the conference with your colleagues, and has requested that the presentation deal with, at minimum, fraud, control and governance processes. Continuing your presentation on the roles of internal auditors, explain what role an internal auditor fulfils as a control function within an organisation.

9. Oct/Nov 2012, Q4.36 marks

   Picture that you recently attended a conference organised jointly by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, held under the theme 'The diverse roles of internal auditors in today's world'. Your Chief Audit Executive has now asked you to put together a short presentation to share what you learned at the conference with your colleagues, and has requested that the presentation deal with, at minimum, fraud, control and governance processes. As part of the same presentation, define the different types of control that exist, providing an example of each type.

10. Oct/Nov 2012, Q4.42 marks

    Picture that you recently attended a conference organised jointly by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, held under the theme 'The diverse roles of internal auditors in today's world'. Your Chief Audit Executive has now asked you to put together a short presentation to share what you learned at the conference with your colleagues, and has requested that the presentation deal with, at minimum, fraud, control and governance processes. Explain what role the internal auditor plays specifically in the deterrence of fraud.

11. Oct/Nov 2012, Q4.54 marks

    Picture that you recently attended a conference organised jointly by the Association of Certified Fraud Examiners and the Institute of Internal Auditors, held under the theme 'The diverse roles of internal auditors in today's world'. Your Chief Audit Executive has now asked you to put together a short presentation to share what you learned at the conference with your colleagues, and has requested that the presentation deal with, at minimum, fraud, control and governance processes. Given that the internal auditor bears responsibility for the deterrence of fraud, discuss what specific steps the internal auditor can take to fulfil this responsibility.

12. Oct/Nov 2012, Q5.14 marks

    As part of your company's initiative to become more involved in the community, you have been invited to act as a guest speaker to matric students at a nearby high school, with the purpose of introducing them to the fascinating world of Internal Auditing. Outline the formal requirements that a potential internal auditor must satisfy before they can be awarded the professional Certified Internal Auditor (CIA) designation.

13. Oct/Nov 2012, Q5.26 marks

    As part of your company's initiative to become more involved in the community, you have been invited to act as a guest speaker to matric students at a nearby high school, with the purpose of introducing them to the fascinating world of Internal Auditing. Identify and describe at least six (6) personal characteristics that an internal auditor should possess, which would help him or her to effectively carry out their duties as an internal auditor.