What responsibilities may an auditor include?

The responsibilities of an auditor primarily center around evaluating and assessing the adequacy and effectiveness of an organization's internal controls and policies. By focusing on reviewing policies, auditors ensure that the procedures in place are not only aligned with regulations and best practices but are also functioning as intended.

When auditors review controls, they assess the measures implemented to mitigate risks and ensure the integrity of financial reporting. This includes examining how effectively these controls operate in practice, identifying any deficiencies, and providing recommendations for improvement. This dual focus on both policies and controls allows auditors to provide a comprehensive evaluation of the risk management framework within an organization.

The combination of reviewing policies and controls is critical for maintaining accountability and transparency in an organization's operations, making this option the most accurate reflection of an auditor's responsibilities.