5 Questions
What is the purpose of maintaining a competency profile of the IAS/IAU personnel?
To address and monitor competency gaps
How often does the IAS review and update its training and development plan?
Semi-annually
What primarily influences the budget of the IAS?
Strategic and annual audit plan
Why must training and development programs be reviewed and updated in a timely manner?
To address identified competency gaps
What is the purpose of considering the cost of completing planned audit engagements when preparing the budget?
To ensure the budget is sufficient to implement the role expected
Test your knowledge of competency models and profiles for internal auditors with this quiz. Explore the essential knowledge, skills, and competencies required for internal auditors to effectively carry out their roles and responsibilities within an organization.
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