Hello

I was looking for the answer of this question.

It is Internal Auditing assurance & advisory services subject from Edition 4.

You have been appointed as the CAE of XYZ, Inc. You have taken a strategic position that disciplined governance, risk management and internal control culture would benefit your organization. To advocate for the establishment of this culture, there are some steps that you can take. Question: You have delegated the review of the audit evidence and engagement working papers to the lead internal auditor. During the review: (5 Marks) a. What general guidelines for reliability and sufficiency of the evidence should the lead auditor consider? b. What are the guidelines for appropriate working paper standardization? c. What types of working papers do you expect to get from the lead auditor? d. Why appropriate working papers standardization are important to be in place