Abstract:
This research paper describes the importance of the internal control system for organizations, and
the role of an internal auditor in this system and relevant competencies for working in this field in
Kazakhstan. Based on various articles on internal control, research, which is published on the Russian
website of the Institute of Internal Auditors, and also international standards, the tasks of this industry
and the strategy that is key in companies, as well as the core competencies necessary for internal auditors
were identified. So, according to the analyzed data, and according to the “COSO” model (The committee
of sponsoring organizations of the treadway commission). The internal control service in organizations
has 5 components: "control activities, risk assessment, information and communication, environment, and
monitoring". And at the monitoring stage, the “The Three Lines model” is widespread in companies,
which carries out 3 different stages of verification and analysis to identify and manage the company's
risks, as well as for effective corporate governance. The final audit in this system is handled by an internal
auditor. For successful risk management, effective control, as well as high-quality verification of financial
statements, the auditor needs to have certain professional skills - competencies. In the study, these
competencies were identified, and it was decided to determine their relevance and knowledge among
internal auditors in Kazakhstan.
Based on the competence model by IIA’s Internal Audit Framework , a survey of respondents of
the Institute of Internal Auditors of Kazakhstan was conducted, and an independent assessment of
knowledge in these areas and their relevance at the moment was carried out.
