Which of the following is not one of the 10 core competencies identified in the IIA Competency Framework?

The Institute of Internal Auditors (IIA) Global Internal Audit Competency Framework identifies 10 core competencies essential for internal auditors. These include "Governance, risk, and control," "Business acumen," and "Internal audit delivery." "Performance management," which typically refers to the human resources process of managing employee performance, is not one of the 10 specified core competencies for the internal audit profession as defined by the IIA. While the internal audit function must manage its own performance through a quality assurance and improvement program (QAIP), "performance management" as a general discipline is not a distinct competency within this framework.

A. Governance, risk, and control is a foundational competency, representing the core subject matter expertise of internal auditors.
C. Business acumen is a critical competency, enabling auditors to understand the organization's objectives, environment, and industry to provide relevant assurance and advice.
D. Internal audit delivery is a core competency that encompasses the entire audit process, from planning and fieldwork to communication of results.

1. The Institute of Internal Auditors. (2013). The IIA's Global Internal Audit Competency Framework. Page 6, "The 10 Competencies". The official document lists the 10 competencies, which include Governance, Risk, and Control; Business Acumen; and Internal Audit Delivery, but does not include Performance Management.

2. Coetzee, P., & Lubbe, D. (2014). The risk management competence of internal auditors. International Journal of Auditing, 18(2), 125-137. This academic article discusses the IIA Competency Framework, referencing its key components like governance, risk, control, and business acumen as essential for internal auditors (Section 2.1, Literature Review). https://doi.org/10.1111/ijau.12022

3. DePaul University. (2020). Course Syllabus ACC 642: Internal Auditing. This university courseware references the IIA Competency Framework as a foundational element for the profession, covering topics like GRC, business acumen, and audit delivery as key learning objectives aligned with professional standards.