Core Competencies for Today’s Internal Auditor

BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)

Technical
Skills
Audit Tools
Behavioral
Skills
03 &
Techniques
General
Competence 02 Knowledge 05
01 04
06
 Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)
General Communication skills
Competence Common Core
Competencies
Problem identification and solution
skills

Keeping up to date with industry

and regulatory changes and
professional standards

Competency with accounting

Incremental Core frameworks, tools, and techniques
Competencies Competency with IT/ICT
frameworks, tools, and techniques.

Organizational skills

Conflict resolution/Negotiation skills

Ability to promote the value of IA

function within the organization
Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)
 Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)

Behavior Common Core Confidentiality.

al Skills Competencies

Communication — sending clear

messages

Objectivity
Incremental Core
Competencies Judgment

Team player —
collaboration/cooperation
Leadership

Staff management

Governance and ethics sensitivity

Influence — ability to persuade

Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)
 Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)

Technical Understanding business.

Common Core
Skills
Competencies

Risk analysis and control

assessment techniques

Data collection and analysis tools and

Incremental Core techniques

Competencies Business process analysis

Identifying types of controls (e.g.,

preventative, detective)
Project management

Negotiating

Operational and management research

skills
Governance, risk, and control tools and
techniques
Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)
 Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)

Knowledge
Common Core Auditing
Competencies

Internal audit
standards
Ethics

Fraud
awareness
Enterprise risk
management
Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)
 Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)

Audit Tools
Risk-based audit planning
or Common Core
Techniques Competencies
Other electronic communications
(e.g., Internet, e-mail)

Analytical review

Statistical sampling

Electronic workpapers

Computer-assisted audit technique

Continuous/real-time auditing

Data mining
Core Competencies for Today’s Internal Auditor
BY THE INSTITUTE OF INTERNAL AUDITORS RESEARCH FOUNDATION (2010)