IIA-Australia Factsheet - Chief Audit Executive Tenure

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Author	IIA-Australia
Date	2023
Topics Explored	Internal Audit
Format	Factsheet
Extract/Description	How long should a CAE stay in their role? There is no one answer to this question. The IIA-Australia has seen examples of CAEs moving to other organisations, finding alternative careers in non-internal audit disciplines, and in some cases staying in their CAE role for many years.
Key Points	A CAE’s minimum tenure should be a sufficient time period for them to grow into the role. A CAE who has been in a position for an extended period can lose independence. A CAE should only stay in their role for a lengthy time on the basis of continued accomplishment and reinvention.
Relevant Industries	All
Level of Assumed Knowledge	Intermediate