In addition to the internal auditor, which of the following parties need to be present at an exit or closing conference?

Comprehensive and Detailed Step-by-Step Explanation:

Management Over Areas Covered by the Engagement: The purpose of an exit meeting is to discuss

findings, conclusions, and recommendations with those responsible for the audited area.

Management is a key stakeholder, as they will implement corrective actions.

Reference: IIA Standard 2440: Disseminating Results highlights the importance of ensuring

management understands and acknowledges audit results.

Other Options:

Option A: Audit committee members typically do not attend exit conferences, as they receive

summarized results later.

Option C: The CEO is generally not required to attend unless the engagement’s scope directly

involves their responsibilities.

Thus, the correct answer is B.