Global Technology Audit Guide: IT Essentials for Internal Auditors - eBook

Performing internal audit engagements with proficiency and due professional care is the responsibility of every internal auditor. It requires a great deal of skill to be a successful internal auditor, and knowledge alone is not enough to become proficient. Internal auditing is also learned by doing; in other words, on-the-job experience is crucial.

This course distinguishes between proficiency and due professional care and identifies the four major areas of competency defined within The IIA’s Global Internal Audit Competency Framework. In addition, it helps learners to recognize the knowledge, skills, and competencies required to fulfill the responsibilities of the internal audit activity. Finally, this course differentiates between technical skills and soft skills and explains how individual internal auditors can achieve competency through continuing professional development.

The International Professional Practices Framework (IPPF) describes Governance as “the combination of processes and structures implemented by the board to inform, direct, manage, and monitor the activities of the organization toward the achievement of its objectives.” Governance sets the foundation for business protection and strategic performance, as well as the confidence of the markets, investors, regulators, and other key stakeholders. Effective corporate governance is necessary for achieving strategic objectives in dynamic environments while supporting a strong risk culture.

This course emphasizes the importance of governance in the International Standards for the Professional Practice of Internal Auditing and helps the learner to recognize and interpret the organization’s ethics- and compliance-related issues, alleged violations, and dispositions.