IIA Qatar Chapter recently hosted a virtual training on ‘professional competencies for auditors’.
The training session was led by NG Shankar, an audit practitioner with 40 years of experience and who retired as group executive president (Corporate Audit) Aditya Birla Group, a $48bn Indian multi-national company.
The Institute of Internal Auditors' International Professional Practices Framework (IPPF)' provides the definition, core principles, standards, and code of ethics as part of mandatory guidance. One of the requirements in the Standards relates to the proficiency of internal auditors.
Shankar said, “Internal auditors must possess the knowledge, skills, and other competencies needed to perform their responsibilities. The core principle defined in the standards is 'Internal Auditors should demonstrate competence and due professional care.”
"The IIA Competency Framework-2020 prescribes professionalism, performance, environment, and leadership and communication. Internal auditors, individually and collectively as a team, need to be competent but technical skills alone are not adequate to deliver superior results. Behavioural competencies play a significant role in one's career progression.”
Shankar has been associated with the Institute of Internal Auditors for more than 17 years and is currently a member of the Global IIA Professional Certifications Board. Also, a performance coach, he has authored "A Handbook on Internal Audit."
Sundaresan Rajeswar, board member, IIA Qatar chapter said, “Shankar's training provided deeper insights on the competency framework as he shared his personal experience. Competencies for chief audit executive include functional leadership, solid business acumen, building key relationships, managing conflicts, communication to influence and impact, etc. What you need to do to scale up competencies was an important takeaway."
IIA Chapter member Muralikrishna hosted the session and introduced the speaker. Rajeswar gave opening remarks and handled the Q&A session while Chris Adonis closed the session with a vote of thanks. Aisha Rafeeque co-ordinated the event.