Internal Auditor

Highly relevant tasks include, but are not limited to:  

• evaluating the cost effectiveness and risks of operational processes, activities, policies and systems  
• reporting to management on the existence and effectiveness of the system of internal controls  
• establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria 

Internal Auditors work in accordance with the International Professional Practices Framework (IPPF) published by the Institute of Internal Auditors - Global. When undertaking audits, Internal Auditors need to be able to assess an organisation’s operations and provide assurance on the effectiveness of governance, risk management and control processes. 

In order to minimise bias, an Internal Auditor works independently of the area or organisation being audited. The scope of audit includes review of the management system, human resources, work processes etc., besides the financial systems.

Employment positions in the areas of risk management and compliance do not demonstrate the independence and objectivity expected of an Internal Auditor and are not considered highly relevant. 

They may be considered as closely related for points test purposes if at the level of a Professional or Manager in ANZSCO. Internal auditors are independent of all areas subject to audit (including the compliance function) to ensure objectivity and are not directly accountable for implementing risk management processes. 

Roles classified in ANZSCO Unit Group 2212 may also be considered for points test purposes.

Reference letters from employers should include detail of the audit tasks undertaken, in particular, details such as the specific areas being audited, how often these are audited and the scope of the audits conducted, as well as who the applicant reports to, the nature of the reports they present, and how often reporting is undertaken.

Applicants nominating this occupation are also required to provide  

• A Curriculum Vitae / Resume  
• An Organisational Chart for each period of employment. 

This should include the company letterhead, the applicant’s job position and those of her/his superiors and subordinates as well as all positions reporting to her/his immediate supervisor and to her/his direct subordinates. 

Applicants nominating this occupation are also encouraged to provide samples of some of the following supplementary material:

• Audit plans  
• Audit charter  
• Summary of internal audit staffing profile  
• Company overview, indicating area of business and key statistics

Applicants with an internal auditing role as well as other responsibilities within the organisation would need to demonstrate that their primary role is that of an Internal Auditor. Applicants engaged in the provision of outsourced Internal Audit services are encouraged to provide, to the extent possible, details of client organisations and their need for these services.