What are the purposes of internal audit working papers

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DQ1. What are the purposes of internal audit working papers? What are the key characteristics of well-prepared working papers? Conversely, what are the potential adverse consequences of poorly prepared internal audit work papers?

DQ2. Discuss the terms 'Relevant', 'Reliable' and 'Sufficient' as they relate to 'Audit Evidence'. Give examples.

DQ3. What do you understand by Data Analysis? How can internal auditors use Data Analysis in their work? Discuss the salient features of 'IDEA', used as a data analysis tool.

Reference no: EM133059243

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