QUESTION 1.
1.1.1 Standard 1100: Independence and objectivity – Attribute standard
1.1.2 Standard 2120: Risk Management –Performance standard
1.1. 3 Standard 1230: Continuing Professional Development- Attribute standard
1.1.4 Standard 1311: Internal Assessment–Performance standard
1.1.5 Standard 2220: Engagement scope –Performance standard
1.1.6 Standard 2012: Planning 1.1.7 Standard 1210: Proficiency–Performance
standard
1.2 Conclude and explain, with reference to the IPPF (Code of ethics or
Standards), whether each of the unrelated scenarios below:
NO Permissible/Not Reference to Reasons
permissible (1 IPPF (1 mark
mark) (2 marks)
1.2.1. Not permissible Planning 1.1.7 By conducting an audit in whilst he
Standard 1210: is no experiences can compromise
Proficiency the quality of audit work.
Internal auditors:
(a) Shall engage
only in those
services for which
they have the
necessary
knowledge, skills,
and experience.
1.1.1 Standard 1100: Independence and objectivity – Attribute standard
1.1.2 Standard 2120: Risk Management –Performance standard
1.1. 3 Standard 1230: Continuing Professional Development- Attribute standard
1.1.4 Standard 1311: Internal Assessment–Performance standard
1.1.5 Standard 2220: Engagement scope –Performance standard
1.1.6 Standard 2012: Planning 1.1.7 Standard 1210: Proficiency–Performance
standard
1.2 Conclude and explain, with reference to the IPPF (Code of ethics or
Standards), whether each of the unrelated scenarios below:
NO Permissible/Not Reference to Reasons
permissible (1 IPPF (1 mark
mark) (2 marks)
1.2.1. Not permissible Planning 1.1.7 By conducting an audit in whilst he
Standard 1210: is no experiences can compromise
Proficiency the quality of audit work.
Internal auditors:
(a) Shall engage
only in those
services for which
they have the
necessary
knowledge, skills,
and experience.
