Performance objective elements

The five elements of each performance objective describe the tasks, skills and behaviours that trainees must demonstrate in order to achieve the objective.

  • Elements

    a. Become familiar with the scope and services to be provided. 

    b. Identify ethical requirements at the start of an engagement or internal audit investigation. 

    c. Use up-to-date auditing standards and legal and ethical frameworks. 

    d. Determine levels of risk and use them to document the audit plan. Design programmes and plan tests for an internal or external audit or assurance engagement using appropriate technology to assist the process.. 

    e. Evaluate risk in an organisation's internal control structure and make any necessary changes to the audit programme/plan of work. 

Linked competencies

  • Audit and Assurance

    A. Advises on and communicates effectively the role and scope of audit, assurance and advisory engagements to relevant stakeholders.

    B. Applies regulatory, legal, professional and ethical standards relating to audit and assurance engagements.

    C. Plans and prepares for audit, assurance and advisory engagements.

    D. Performs effective audit and assurance engagements.

    F. Guides efficient and effective operations.

Key exams