IIA-Australia Factsheet - Chief Audit Executive Qualification

IIA-Australia Factsheet - Chief Audit Executive Qualification

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Author

IIA-Australia

Date

2025

Topics Explored

Internal Audit

Format

Factsheet

Extract/Description

This Factsheet discusses the role and qualifications of the chief audit executive (head of internal audit).

Key Points

  1. The governing authority of an organisation is ultimately responsible for an organisation’s governance.
  2. There is no single qualification or background for internal auditors, and nothing is mandated.
  3. The CAE role requires the ability to manage internal audit professionals and to support their work activities.
  4. A CAE must understand the ways in which internal audit can assist and advance their organisation.
  5. A CAE should be recognised as a professional in the internal audit field and ideally hold a relevant qualification or certification.

Relevant Industries

All

Level of Assumed Knowledge

Expert

Aligned to Global Internal Audit Standards

Yes