Internal Audit Manager

The purpose of this qualification is to prepare a learner to operate as an Internal Audit Manager. An Internal Audit Manager manages internal audit functions and engagements (including assurance and consulting services) in accordance with the International Professional Practices Framework (IPPF) in order to contribute to the optimisation of organisational objectives and leadership. A qualified learner will be able to: • Manage the internal audit function/activity in order to achieve objectives efficiently and effectively. • Provide professional internal audit services in terms of IPPF requirements. • Ensure the development of high impact engagement communications that will facilitate appropriate decision making.

Recognition of Prior Learning (RPL): RPL for access to the external integrated summative assessment: Accredited providers and approved workplaces must apply the internal assessment criteria specified in the related curriculum document to establish and confirm prior learning. Accredited providers and workplaces must confirm prior learning by issuing a statement of result or certifying a work experience record. RPL for access to the qualification: Accredited providers and approved workplaces may recognise prior learning against the relevant access requirements. Entry Requirements: Occupational Certificate: Internal Auditor at Level 7.

This qualification is one of a suite of four qualifications that caters for the Internal Audit profession. The role of Internal Auditing and the role of Internal Audit Managers within organisations is becoming increasingly demanding. There has been an increase in the demand for internal auditors to fulfil the role of business risk and corporate governance partners in organisations. Research has indicated that it is imperative that the competency levels of Internal Audit Managers in South Africa be addressed as a matter of urgency. This Occupational Certificate builds on the knowledge, competencies and skills obtained through achievement of the Occupational Certificate: Internal Auditor, Level 7 qualification. The aim of this qualification is to develop higher levels of cognitive and behavioural skills in individuals who will fill management roles in the future. The Internal Audit Manager qualification has been developed with the intention of providing internal auditors with the knowledge, skills and competencies they require to effectively develop and manage Internal Audit functions that are able to effectively and successfully contribute to organisational and economic sustainability and integrity. There is currently no other Internal Audit qualification in South Africa that ensures that candidates obtain practical exposure in a safe environment or on-the-job learning in an effort to develop future Internal Audit Managers. The Institute of Internal Auditors South Africa (IIA SA) is the South African Qualifications Authority recognised professional body for the Internal Audit profession in South Africa. In an effort to develop the profession and enhance the credibility of Internal Auditors in the market, the IIA SA has developed this qualification and taken on the role as the Assessment Quality Partner. This qualification will serve as the underpinning qualification for the IIA SA Professional Internal Auditor (PIA) designation.

Recognition of Prior Learning (RPL): RPL for access to the external integrated summative assessment: Accredited providers and approved workplaces must apply the internal assessment criteria specified in the related curriculum document to establish and confirm prior learning. Accredited providers and workplaces must confirm prior learning by issuing a statement of result or certifying a work experience record. RPL for access to the qualification: Accredited providers and approved workplaces may recognise prior learning against the relevant access requirements. Entry Requirements: Occupational Certificate: Internal Auditor at Level 7.

• Collaborate with other levels of defence defined within the combined assurance plan in order to optimise the utilisation of resources in providing assurance over organisational risks.
• Provide an overall assurance regarding the governance, risk and control environments of organisations.
• Develop a long term internal audit strategy and annual audit plans that support the achievement of strategic organisational objectives.
• Manage a portfolio of engagement projects utilising an array of project management techniques and methodologies for assurance and consulting engagements.
• Prepare engagement letters for assurance and consulting activities.
• Review all engagement related documentation and ensure compliance with the IPPF standards.
• Establish and implement a quality assurance and improvement programme for an internal audit function/activity.
• Prepare and contribute to the audit committee and board packs and opinion on the internal controls.