[Type the company name]
Exam
(elaborations)CAS1501
Assignment 3
(ANSWERS) Semester
1 2024 -
DISTINCTION
GUARANTEED.•
Course•
Perspectives on
Accountancy -
CAS1501 (CAS1501
tabbymwesh59@gmail.com
[Pick the date]
[Type the document subtitle]
, Exam (elaborations)
CAS1501 Assignment 3 (ANSWERS) Semester 1 2024 -
DISTINCTION GUARANTEED.
Course
Perspectives on Accountancy - CAS1501 (CAS1501)
Institution
University Of South Africa (Unisa)
Book
New Perspectives in Accounting Ethics
Well-structured CAS1501 Assignment 3 (ANSWERS) Semester 1 2024 -
DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION
GUARANTEED!). . (DETAILED ANSWERS - DISTINCTION
GUARANTEED!).......
Read the following CASE STUDY: CASE STUDY Position advertised: Head:
Internal Audit Recruiter: Financial Recruitment Job Ref: JHB00521/EG Date
posted: Thursday, 14 March 2024 Location: SANDTON, South Africa Salary:
R3600000 Annually SUMMARY: An esteemed company in the financial sector
with shareholding listed on the Johannesburg Stock Exchange is inviting
applications from experienced and qualified professionals for the position of
Head: Internal Audit. This company contributes to the well-being of South
African citizens by paying dividends annually, promoting financial stability,
practising integrity, and stimulating economic growth in the country. The
cornerstone of the company’s contribution involves management balancing
the company’s profit and innovation focus with compliance with the
Constitution of South Africa and all relevant legislation. Practically, the
company’s contribution is, amongst others, achieved through resourcing
value-creation and relationship building actions, including a defining customer
loyalty programme, across the country. Annual reports provide extensive
detail of the company’s value-creation and relationship building actions.
POSITION INFO: The company is seeking a proactive individual to take
charge of the internal audit function, concentrating on supervising human
resources, operations, and risk management, including fraud risk, domains.
As the Head of Internal Audit, your pivotal role requires propelling the
company’s overarching mission through strategic leadership, oversight of
compliance with laws and regulations, and the promotion of continuous
, improvement in audit processes. Join a devoted team dedicated to upholding
financial stability, integrity, and growth in South African financial markets. Your
leadership and expertise will play a substantial role in driving the
accountability and integrity of this company. 2 DUTIES: • Co-developing
strategic and audit plans and departmental strategy. • Overseeing the
implementation of strategic projects in line with the strategic plan • Planning
and overseeing the execution of audit projects according to the annual audit
plan. • Staying updated with developments in the internal audit profession and
conducting proactive research for added business value. • Overseeing the
compilation of executive and individual audit reports for executed projects. •
Ensuring compliance with legislative and regulatory requirements, identifying,
assessing, and mitigating risks within the Internal Audit Department (IAD) and
the division • Managing internal and external client relationships, ensuring
satisfaction • Providing management information for the division • Leading,
managing, and developing staff members. • Contributing to the development,
implementation, and maintenance of methodologies, policies, procedures, and
systems for internal audit services QUALIFICATIONS: • Matric (Grade 12) •
BCom Accounting / BCom Internal Audit • Honours degree in Business,
Commerce, or Technology • CA(SA) or (CIA) EXPERIENCE: • Minimum 10–
12 years of experience in an internal audit environment with at least five years
in a senior management position • COSO framework and other governance
and control frameworks • Data analytics • Governance, risk management, and
compliance • Continuous auditing • Project management SKILLS AND
COMPETENCIES: • Strong understanding of accounting standards and
finance • Adherence to the IIA Code of Ethics • Working under pressure •
Leading change in self, others, and the company • Developing and growing
others in your team • Effective communication INTERESTED: To express your
interest, kindly forward your detailed resume to
.1.1 State WHAT the CASE STDUY contains.
The case study contains a job advertisement for the position of Head: Internal Audit at an
esteemed company in the financial sector located in Sandton, South Africa. It provides a
summary of the company's contributions to the well-being of South African citizens and outlines
the responsibilities, duties, qualifications, experience, skills, and competencies required for the
position. Additionally, it includes information about the location, salary, and how to express
interest in the position by submitting a detailed resume.
