2013 office of city auditor september 2013
DESCRIPTION
2013 Office of City Auditor September 2013 . Creating a Competency Process . Presentation to the IIA Austin Chapter September 10, 2013. Kenneth J. Mory CPA , CIA, CISA. IIARF Competency Framework Building a Competency Plan Case Study. What We Will Cover. - PowerPoint PPT PresentationTRANSCRIPT
2013 Office of City AuditorSeptember 2013
CREATING A COMPETENCY
PROCESS
Kenneth J. Mory CPA, CIA, CISA
Presentation to the IIA Austin ChapterSeptember 10, 2013
WHAT WE WILL COVER
IIARF Competency Framework Building a Competency Plan Case Study
DEFINING COMPETENCY
“The ability of an individual to perform a job or a task properly, being a set of defined
knowledge, skills, and behavior.”
WHY ADDRESS COMPETENCY NOW?
Changes in expectations of 21st century auditors
Changes in the Competency Landscape Financial Crisis and Aftermath Social Media Cyber Threats Governance Changes Regulation Changes (Affordable Care Act and Pension Accounting)
Why developing a competency process is critical to ongoing credibility
NEEDED COMPETENCY?
Insights Sustainability Governance Soft Skills Root Cause Analysis - Defensive
Mechanisms Strong Core Skills and Knowledge
WHAT WILL YOU GET OUT OF THIS?
How to develop a competency process “pathway to ensure competency, capacity, and relevance”
Where to focus your competency efforts Why all traits, skills, and knowledge are not
created equal How to progress through the higher levels of the
Internal Audit Capability Model
I. Professional Ethics VI. CommunicationII. Internal Audit Management VII. Persuasion and CommunicationIII. IPPF VIII. Critical ThinkingIV. GRC IX. Internal Audit DeliveryV. Business acumen X. Improvement and Innovation
IIA's Global Internal Audit Competency FrameworkTen Core Competencies
COMPETENCY FRAMEWORK
COMPETENCY FRAMEWORK
Competent Gap Action
Governing Body
Audit Committee
CAE
Auditor
COMPETENCIES EXPECTED
The IIA Global Internal Audit Competency Framework
COMPETENCY FRAMEWORK
A PROCESS APPROACH
Vision Oversight Direction Competency Monitoring Step 1 – Determine
Audit Entity Required or Desired
Step 2 - Determine Governing Body Competency
Step 3 – Identify Desired capability level and Scope
Step 4 - Select Qualified Audit Committee
Step 5 - Develop Audit Committee Oversight Charter
Step 6 – Identify and recruit Qualified CAE
Step 7 - Develop Audit Activity charter
Step 8 - CAE Develops Strategic Competency Plan
Step 9 – CAE Identifies Existing Competencies
Step 10 – CAE Identifies Competency Gap
Step 11 – AC Reviews Internal Audit Activity Competency Profile
Step 12 – AC Endorses and Monitors Strategic Competency Plan#
Internal Audit
Activity Achieves
Competency Needs and Compliance
with IIA Auditing
Standards
THE 12 STEP PROCESS!
COMPETENCY PROCESS
Description of Competency Capability Level
Level 1 Initial
Level 2 Infrastructure
Level 3 Integrated
Level 4 Managed
Level 5 Optimizing
Top-level professional and specialized skills
Requisite skills/ competencies in placerenewable and shareable
Professionally qualified staff/Internal Audit Activity coordination
Continued reliance on individual auditor
Skills of individual auditor
COMPETENCY PROCESS
AUSTIN CASE STUDY
Evaluate Current Staff Competency
Evaluate Current Job Descriptions
IDENTIFY GAP
OCA STRATEGIC AUDIT PLAN
CAE Identifies Needed Competencies
Professional
Judgment
Risk-Based Prioritization of Competency Areas
Determine Competency Strategies
Training
Recruiting
SME
Current
Horizon
Internal
External
STRATEGIC COMPETENCY PLAN
A
Competency InitiativesRevise Job Description
s
Revise Priorities
Revise Organizati
on
A
B
B
COMPETENCY PROCESS
KEY COMPETENCY AREAS
Core
Construction
Cyber Security
Engineering
Financial
Health Care
Organizational Development
Regulatory Matters
Sustainability
OBJECTIVESTo ensure OCA possesses the knowledge, skills, and other competencies to meet GAGAS
x x x x x x x x x
To increase capability to address key risk areas x x x x x x x xCOMPETENCY FOCUSMethodologies (incl. RCA, I/C, & data analysis) x x x x x x x x xEvidence standards x Communications (incl. inquiry & report writing) x Project management x Develop capabilities addressing strategic risks x x x x x x x x x
Strengthen staff insight x x x x x x x x
IMPLEMENTATION STRATEGYRequire relevant audit certification x Provide cost-effective core competency training x x x x x x x x xIdentify “go to” OCA staff to develop x x x x x x x xProvide effective training in priority risk areas x x x x x x x xEncourage CISA certification x
TABLE 5
OCA Strategic Competency Plan
COMPETENCY
Developing Integrated Auditors Developing General Management
Insight Certification (Baseline) Special Training
Removing the Mystique from IT Auditing Becoming an Expert at Becoming an
Expert Defensive Mechanisms Management Controls Specialty Areas that are Key
OCA ACADEMY - (15 WEEK BOOT CAMP)
Auditing StandardsGAGAS, IPPF, and others
City of Austin Government Council, Departments, Processes, Comprehensive Plan
OCA’s Governance Role Audit Services, Integrity Services, Strategic Audit Plan
Audit Process Planning; Fieldwork, Findings, and Evidence; Reporting; IT Audit; Fraud
Audit Tools and Resources Office, City, and Professional Organization Resources
QUESTIONS!