CAAS Internal Audit Standards
Issued by
IBM
The badge earner is able to perform internal audit engagements based on the new requirements of the Global Internal Audit Standards. The Global Internal Audit Standards provides the requirements to demonstrate the competencies, governing the internal audit function, managing engagements, and performing Corporate Assurance and Advisory Services (CAAS) audit engagements which includes the documentation necessary as evidence of conformance.
- Type Validation
- Level Intermediate
- Time Months
- Cost Free
Earning Criteria
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Must be an IBM Employee
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Demonstrate the application of knowledge and skills in preparing for an audit by performing activities that could include: • Reviewing the initial data requests (IDR) and audit program • Sharing work experiences relevant to the engagement preparation
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Demonstrate the application of knowledge and skills in process analysis and risk identification by performing activities that could include: • Participating in process walk-through discussions • Asking questions during process walk-throughs • Participating in process de-briefs with the team
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Demonstrate the application of knowledge and skills in sample selection and testing by performing activities that could include: • Selecting samples from the universe • Creating a testing matrix to be used for testing • Performing data analysis for the audit • Performing testing of samples
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Demonstrate the application of knowledge and skills in presenting audit engagement results by performing activities that could include: • Participating in group discussions related to issues and concerns identified from testing • Participating in summary of facts (SOF) discussions • Participating in daily stand ups with the auditors and client • Participating in datasheet discussions
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Demonstrate the application of knowledge and skills in staff work documentation by performing activities that could include: • Completing the process review documentation • Completing the risk matrix of the assigned scope area • Completing the test matrix for testing • Completing other required documentation in the audit engagement workpapers