Myca Angeles

BSA601

I. ISACA Definition and Function

1. The ISACA standard that was breached in the situation above was the
performance standard. In the scenario where the internal auditor performs a non-
audit activity, it is claimed that as an internal auditor, you must focus on the
company's independence and objectivity. They must think about the
consequences of not acting properly depending on their position because it
affects the department's performance.
2. The requirement that has been breached is to "perform their tasks with
appropriate attention and professionalism, in agreement with professional best
practices and standards," according to the code of ethics. Based on my response
to number 1, they broke the performance requirement, and internal auditors did
not perform their job correctly because they sometimes focused on non-audit
tasks.
3. A probable step that can be taken to maintain the quality that is being broken are
to act appropriately based on your position and to constantly keep the code of
ethics in mind. Concentrate on the activities that have been allotted to you; do
not engage in quasi tasks.
II. Organization of Audit Function
1.
 At least once a year, provide a risk-based internal audit schedule.
 Guaranteeing that the internal audit department has adequate competency and
expertise tools.
 Controlling the operation in a way that allows it to achieve its goals.
 Ascertain that the ISACA standard is adhered to.
 Disseminating the results of its work and ensuring the implementation of agreed-
upon disciplinary actions.

2.

Because most audit committees are unfamiliar with software, the first step in
managing the resources of my audit position should be to maintain or increase their
competency by upgrading current expertise and acquiring specific software-related
training. When a corporation plans to audit and assigns individuals to specific audit
responsibilities, competence and experience should be considered to avoid future
risks, since a lack of either might influence the entire software.