CORE
COMPETENCIES
PROFESSIONAL PATHWAYS / TECHNICAL COMPETENCIES
CORE VALUES
GOJ
Competency
Model
Risk and Control

An effect (positive/ negative deviation) of uncertainty on an objective, from what is expected and a set of measures or actions taken to the manage risk and increase the likelihood that established objectives will be achieved.

Return to Audit
11 Technical Competence
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The International Professional Practices Framework (IPPF) – IIA Standards
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Accounting Standards (FAA Act, Regulation, Instruction; FAE Act Regulation, Instruction; IPSAS)
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Financial and Management Accounting
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Business Process
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Risk and Control
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Data Collection
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Computer-aided Audit Techniques
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Fraud
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Information Technology (Specialised Area)
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Research and Development
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Quality Assurance
Professional Bands
Level 1 Essential
  • Under supervision, can follow a risk-based approach covering planning, fieldwork, reporting and follow-up.
  • Understands the relationship betweenrisk, control and governance and how to apply these to internal audit activities.
  • Employs and explains the International Organization for Standardization(ISO)/ Committee of Sponsoring (COSO) ERM framework on risk management to internal audit activities.
  • Effectively explains risks, controls and governance and how to apply these in internal audit activities.
  • Ensures the application of the International Organization for Standardization (ISO)/ Committee of Sponsoring (COSO) ERM framework on risk management to internal audit activities.
  • Effectively validates the risks, controls and governance applied in the internal audit activities.
  • Monitors the application of the International Organization for Standardization (ISO)/ Committee of Sponsoring Organisations (COSO) ERM framework on risk management to internal audit activities.
  • Ensures internal audit activities are aligned with and enhance the organisation’s ERM as appropriate.
  • Effectively explains risk management and governance issues to managers and personnel.
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