Assessing Internal Audit Competency

Minding the Gaps to Maximize Insights

The Internal Audit Foundation and Deloitte collaborated to create a Premier Global Research Study, “Assessing Internal Audit Competency: Minding the Gaps to Maximize Insights,” to complement the launch of The IIA’s Internal Audit Competency Framework.

The framework comprises 22 core knowledge areas across four professional pillars: Professionalism, Performance, Environment, and Leadership & Communication. It focuses on various standards, key proficiencies, and situationally specific competency levels: General Awareness, Applied Knowledge, and Expert.

The resulting comprehensive report outlines five key insights that help identify areas where gaps exist in competency and relevance to the auditor’s current position, as well as the perception of their ability to audit key digital technologies.