Group
Occupation
211232 Internal Auditor
Latest release
OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0
Released
6/12/2024
211232 Internal Auditor
Examines, verifies, evaluates and reports on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assists in business process reviews, risk assessments, developing deliverables, and reporting progress against outcomes.
Registration or licensing may be required.
Alternative title
- Audit Officer
Skill level: 1
Main tasks
- Evaluates cost effectiveness and risks of operational processes, policies and systems
- Devises, reorganises and establishes budgetary cost control systems
- Conducts audits and investigations, and prepares financial statements and reports for management, shareholders, and governing and statutory bodies
- Establishes audit objectives aligned to organisational goals
- Designs and implements audit methodologies, processes and audit criteria
- Monitors the effectiveness of internal audit controls and risk management systems
- Conducts risk assessments and business process reviews to mitigate risks