FIELD              BUSINESS

 

Review of Internal Audit unit standards 11640-11645

 

Subfield

Domain

Id

Management

Internal Audit

11640-11645

 

NZQA National Qualifications Services has completed the review of the standards listed above.

 

Date published                                                                                     June 2008

 

Summary of review and consultation process

 

These standards were initially registered in May 2004 and have not been used at all since.  Stakeholders were consulted by e-mail and invited to register any interest in the continuing registration of these standards.  No such interest has been received.  The Internal Audit domain was designated expiring in August 2006 as part of the review of Field Business.

 

Main changes resulting from the review

 

All standards listed above have been designated expiring.

 

Standards categorised as category D expire at the end of December 2010.

 

Impact on existing provider accreditations

 

None.

 

Impact on Accreditation and Moderation Action Plan (AMAP)

 

None.

 

Impact on existing qualifications

 

Qualifications that contain the reviewed standards or classifications are tabled below.

 

Affected

The qualification lists a reviewed classification (domain or subfield) in an elective set

The qualification lists a standard that has changes to level or credits

The qualification lists a C or D category standard

Not materially affected

The qualification lists a standard that has a new title

The qualification lists a standard that has a new classification

 

The following NZQA National Qualifications Services qualifications are not materially affected by the changes.  They will be updated when they are next reviewed.

 

Qualification title

Classification in the qualification

National Diploma in Marketing with strands in General Marketing, Direct Marketing, International Marketing, Marketing Research, Sales Organisation and Management, Advertising, and Public Relations [Ref: 0424]

Internal Audit

National Certificate in Business (Level 4) (Introductory) or (Intermediate) [Ref: 0782]

Internal Audit

 

The following qualification is also affected by the outcome of this review.  The standard setting body (SSB) has been advised that it requires revision.

 

Qualification title

Classification or standard in the qualification

SSB Name

National Diploma in Tourism (Management) (Level 5) [Ref: 0473]

Internal Audit

Aviation, Tourism and Travel Training Organisation

 

Review Categories

 

Key to review category

 

A

Dates changed, but no other changes are made - the new version of the standard carries the same Id and a new version number

B

Changes made, but the overall outcome remains the same - the new version of the standard carries the same Id and a new version number

C

Major changes that necessitate the registration of a replacement standard with a new Id

D

Standard will expire and not be replaced

 

Subfield         Management

Domain          Internal Audit

Id

Title

Level

Credit

Review Category

11640

Provide advice to an organisation on risks brought about by its functioning and environments

7

12

D

11641

Assess effectiveness of an organisation's risk management and control, and promote understanding

7

12

D

11642

Provide advice to improve the functioning of an organisation's risk management and control systems

6

12

D

11643

Provide assurance to an organisation that its internal control is adequate

7

15

D

11644

Manage the internal audit function

5

8

D

11645

Respond to and manage environmental impacts bearing on the work of the internal audit function

6

8

D