Associated Assessment Criteria for Exit Level Outcome 1:

• Critically analyse and evaluate compliance with corporate governance structures and codes (including King IV) to develop recommendations to enhance governance compliance in familiar and unfamiliar governance scenarios.
• Critically analyse management's enterprise risk management processes, frameworks, and internal controls for alignment to the applicable Committee of Sponsoring Organisations (COSO) frameworks (internal control and enterprise risk management frameworks respectively).
• Formulate appropriate recommendations to improve the levels of risk management practices and internal control.
• Professionally plan, perform and communicate results of internal audit engagements (including consulting services) by applying the International Standards for the Professional Practice of Internal Auditing (ISPPIA) and Code of Ethics.

Associated Assessment Criteria for Exit Level Outcome 2:

• Appropriately review and analyse an existing IT strategy to assess alignment to the corporate strategy and make appropriate recommendations to enhance alignment for familiar and unfamiliar scenarios.
• Analyse, evaluate and make recommendations for familiar and unfamiliar scenarios of an IT governance setting appropriately based on the Control Objectives for Business Information and Related Technologies (COBIT) framework.
• Critically analyse, evaluate and make recommendations for a given IT enterprise-wide scenario in familiar and unfamiliar settings, concerning IT security, contingency planning and business continuity planning, general IT and application controls.
• Critically examine an IT environment, in familiar and unfamiliar scenarios, by applying integrated knowledge and understanding of Accounting Information Systems, Information Systems Auditing, Information Systems/Information Technology to select the most appropriate audit strategy and approach.
• Apply the use of computer-assisted tools and techniques, including data analytics, to assess IT-related risk and controls continuously.
• Appropriately apply the principles of IT auditing and perform basic IT audits through the use of Computer Assisted Audit Techniques (CAATS).

Associated Assessment Criteria for Exit Level Outcome 3:

• Critically analyse, appropriately evaluate and provide insight into financial data and effectively perform financial audits by applying knowledge and skills related to Financial Reporting.
• Critically review, analyse and make appropriate recommendations of management policies and decisions related to investment, capital budgeting, risk and return, valuations, working capital and other business decisions by applying advanced knowledge and understanding of Financial Management to make recommendations to enhance stakeholder wealth.
• Appropriately apply financial management principles to generate and effectively provide input to manage shareholder wealth, including but not limited to investment management, return analysis, valuations, and capital budgeting.

Associated Assessment Criteria for Exit Level Outcome 4:

• Appropriately apply general management practices, including strategic management processes, operations management, marketing, HR practices and management and stakeholder engagement.
• Demonstrate the ability to manage an internal audit activity regarding the International Professional Practices Framework (IPPF).

Integrated Assessment: The integrated assessment takes the form of an appropriate variety of both summative and formative assessment methods. Examples include written and oral examinations, problem-solving assignments, projects, case studies, and the successful completion of a research project. There is an appropriate balance between formative and summative assessments. Formative assessment tasks may include assignments, group projects, online tests, simulations, and case studies. Summative assessments may consist of formal assessment tasks relevant to the field of study, such as written tests, reports, authentic workplace group assignments, and simulated case studies.