Internal Audit Handbook（2007）A6-Fundamental Principles of the GIAS Approach.pdfVIP

Conceptual Basis of Internal Audit A | 5 | 5.1 Fundamental Principles of the GIAS Approach Employee Profiles and their Interaction in the Audit Process 5 Fundamental Principles of the GIAS Approach 5.1 Employee Profiles and their Interaction in the Audit Process Key Po I ntS ••• • Employee profiles provide formal requirements in terms of the individual func- tions at GIAS. • In determining formal requirements it is important to distinguish between dis- ciplinary and technical requirements on one side and social and personal re- quirements on the other. • A mix of various skills is necessary to ensure that audits are in compliance with international audit principles. Section A, Chapter 4.5 provides details of individual job descriptions at GIAS. The eemployeemployee ProfilesProfiles success of Internal Audit’s work can only be guaranteed if the department has em- ployees that fit the job profiles. In determining what skills employees should have and what requirements should be included in profiles the following disciplinary, technical, and social factors should be considered: • Disciplinary factors have to be given consideration. The first disciplinary factor DisciplinaryDisciplinary StructureStructure is the internal audit department’s disciplinary structure. It ensures to a great extent compliance with audit standards and sets an action framework that is mandatory for all audits and for each employee. The second disciplining factor is the annual audit plan. Compliance with this plan is an important element of disciplinary control. • Another factor that has to be given consideration is qua