Question

A financial services organization is planning on staffing a complex consulting engagement that involves the consolidation of two large banking organizations, including changing many of the processes. Which of the following skills is the least important skill for auditors to possess in assisting in the review of target processes?

a. Ability to quickly develop relationships
b. Specific business related skills related to the processes being re engineered.
c. Experience in performing testing of controls.
d. Unstructured problem solving skills

Answer 1

Unstructured problem-solving skills are the least important for auditors in reviewing target processes for a complex consulting engagement involving banking organizations.

Step-by-step explanation:

The least important skill for auditors to possess in assisting in the review of target processes for a complex consulting engagement involving the consolidation of two large banking organizations is unstructured problem-solving skills. While this skill can be beneficial in certain situations, the auditors' primary focus should be on their ability to quickly develop relationships with the stakeholders, apply specific business-related skills related to the processes being re-engineered, and have experience in performing testing of controls.