1 | P a g e | © copyright 2024/2025 | Grade A+
CISA ISACA (Cht. 1) Questions & 100%
Correct Answers
Audit Charter
✓ :~~ An overarching document that covers the entire scope of the audit
activities in an entity. (Purpose, responsibility, authority, and
accountability). An engagement letter is more focused on a particular audit
exercise that is sought to be initiated in an organization with a specific
objective in mind.
When does audit planning occur? What factors should be taken into account in the
analysis?
✓ :~~ Short and long term analysis should occur annually to take into account
new control issues; changes in risk environment, technologies and business
processes; and enhance evaluation techniques.
Who reviews and who approved audit activities?
✓ :~~ The audit activities should be reviewed by senior audit management
and approved by the audit committee or BOD.
Audit assignment considerations for the approach
✓ :~~ -periodic risk assessment
-changes in application of tech
Master01 | September, 2024/2025 | Latest update
, 2 | P a g e | © copyright 2024/2025 | Grade A+
-evolving regulatory requirements
-implementation/upgrade deadlines
-current and future technologies
-requirements from the business
-resource limitations
Steps to perform Audit Planning
✓ :~~ -gain understanding of biz mission, objectives, purpose and processes
(I.e. availability, integrity, security and business technology and information
confidentiality)
-understand changes in biz environment
-review work papers
-identity stated contents (policies, standards, procedures, org structure)
-perform risk analysis to design audit plan
-set audit scope and objectives
-develop audit approach or strategy
-assign resources
-address logistics
Steps performed to determine org's level of compliance with external requirements
Master01 | September, 2024/2025 | Latest update
CISA ISACA (Cht. 1) Questions & 100%
Correct Answers
Audit Charter
✓ :~~ An overarching document that covers the entire scope of the audit
activities in an entity. (Purpose, responsibility, authority, and
accountability). An engagement letter is more focused on a particular audit
exercise that is sought to be initiated in an organization with a specific
objective in mind.
When does audit planning occur? What factors should be taken into account in the
analysis?
✓ :~~ Short and long term analysis should occur annually to take into account
new control issues; changes in risk environment, technologies and business
processes; and enhance evaluation techniques.
Who reviews and who approved audit activities?
✓ :~~ The audit activities should be reviewed by senior audit management
and approved by the audit committee or BOD.
Audit assignment considerations for the approach
✓ :~~ -periodic risk assessment
-changes in application of tech
Master01 | September, 2024/2025 | Latest update
, 2 | P a g e | © copyright 2024/2025 | Grade A+
-evolving regulatory requirements
-implementation/upgrade deadlines
-current and future technologies
-requirements from the business
-resource limitations
Steps to perform Audit Planning
✓ :~~ -gain understanding of biz mission, objectives, purpose and processes
(I.e. availability, integrity, security and business technology and information
confidentiality)
-understand changes in biz environment
-review work papers
-identity stated contents (policies, standards, procedures, org structure)
-perform risk analysis to design audit plan
-set audit scope and objectives
-develop audit approach or strategy
-assign resources
-address logistics
Steps performed to determine org's level of compliance with external requirements
Master01 | September, 2024/2025 | Latest update
