Given this situation, which skills or competencies should this internal auditor seek to improve?

During an audit of company expenses, the internal auditor performed a test using data analytics and identified a violation of the company’s expenses policy. The auditor who discovered the issue considered it a potential fraudulent transaction and informed the chief financial officer (CFO). The CFO dismissed the concern because he did not understand the data analytics test that was performed and the transaction was of a low value.

Given this situation, which skills or competencies should this internal auditor seek to improve?
A . Skills in evaluating the risk of fraud.
B. Knowledge of key IT risks and controls
C. Soft skills such as communication and negotiation.
D. Knowledge and understanding of the company’s expenses policy

View Answer

Answer: C