Factsheet - Chief Audit Executive

Factsheet

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Author

IIA-Australia

Date

2025

Topics Explored

Internal Audit, Internal Audit Management

Format

Factsheet

Extract/Description

This Factsheet discusses the role and functions of the Chief Audit Executive (head of internal audit).

Key Points

1. The CAE need not be a specialist internal auditor, but they must have direct access to resources who are.

2. An organisation must appoint a CAE of sufficient status to provide strategic guidance to the internal audit function.

3. The CAE has a number of responsibilities under the Standards.

Relevant Industries

All

Level of Assumed Knowledge

Beginner

Aligned to Global Internal Audit Standards

Yes