The IIA's Internal Audit Competency Framework
What It Is
The IIA’s Internal Audit Competency Framework© provides a clear and concise professional development plan for internal auditors at every level of their career. The framework defines four knowledge areas focused on various Standards, situationally specific functions, and key proficiencies, with three distinct competency levels that progress from general awareness to applied knowledge, and finally, expert practitioner.
The comprehensive and concurrent strategy defines and delivers the knowledge and skills necessary to navigate a successful career in internal auditing focused on best practices and practical applications.
The framework also serves as an effective onboarding tool or a multi-year training plan that helps chief audit executives and leaders continuously identify and fill skill gaps within the audit function.
Watch the Video: Continuing the Conversation:Release of the New IIA Competency Framework
Harold Silverman, Managing Director of Professional Practices at The IIA, chats with Lisa Hirtzinger, SVP of Training and Development, Lily Bi, SVP of Certifications and Global Development and Jim Pelletier, VP of Standards and Professional Knowledge about the IIA's new Competency Model.
Knowledge Areas
Professionalism
- Mission of internal auditing
- Internal audit charter
- Organizational independence
- Individual objectivity
- Ethical behavior
- Due professional care
- Professional development
Performance
- Organizational governance
- Fraud
- Risk management
- Internal control
- Engagement planning
- Engagement fieldwork
- Engagement outcomes
Environment
- Organizational strategic planning and management
- Common business processes
- Social responsibility and sustainability
- Information technology
- Accounting and finance
Leadership & Communication
- Internal audit strategic planning and managemnet
- Audit planning and coordinating assurance efforts
- Quality Assurance and Improvement Program