“Need to Improve” Rank
|General Technical Knowledge||Competency|
|1||COSO Enterprise Risk Management Framework||3.2|
|2||Enterprise Risk Management||3.6|
|3||International Financial Reporting Standards||2.3|
|4||Fraud Risk Management||3.3|
Note: Competency assessed on a scale of one to five with one being the lowest and five being the highest.
Source: Protiviti’s Internal Audit Capabilities and Needs Survey , 2006, www.protiviti.com .