1. The governing authority of an organisation is ultimately responsible for an organisation’s governance.
2. There is no single qualification or background for internal auditors, and nothing is mandated.
3. The CAE role requires the ability to manage internal audit professionals and to support their work activities.
4. A CAE must understand the ways in which internal audit can assist and advance their organisation.
5. A CAE should be recognised as a professional in the internal audit field and ideally hold a relevant qualification or certification.