Final answer:
Demonstrating conformance with the IIA's mandatory guidance involves adhering to its standards and principles, accurately reflecting data and findings in reports, and revising documents for clarity and coherence based on peer reviews.
Step-by-step explanation:
To demonstrate conformance with the mandatory guidance of the Institute of Internal Auditors (IIA), an internal audit activity must adhere to the principles and standards set out by the IIA. This process involves a continual assessment of the effectiveness of the audit activity, ensuring that it aligns with IIA's Core Principles, Definition of Internal Auditing, Code of Ethics, and International Standards for the Professional Practice of Internal Auditing.
When drafting a report to support this conformance, an individual like Trevor Garcia should reflect on the thoroughness and relevance of the data used, ensure quotations and findings are accurate and pertinent, and consider the study's impact. The report should also maintain objectivity, employ a mature command of language, and outline the practical implications and relevance of the study comprehensively.
During the revision process, consideration should be given to restructuring the report for coherence, possibly revising the thesis statement, and adding transitional elements to improve readability. Moreover, it's crucial to invite peer reviewers to scrutinize the draft and open the dialogue for further improvements. By incorporating such peer review guidelines and allowing for significant revisions, the audit activity can robustly demonstrate its commitment to the IIA's standards.