Privileges Required to use Audit Rules 
To use audit rules, you need either:
scheduler-administrator role
system, partition or isolation goup-level permissions
object-specific privileges
Creating Audit Rules
You need the following privilege ranks to be able to create audit rules:
Create - allows you to create audit rules on the level the privilege was granted (system, partition, isolation-group), you have no further privileges through this rank, you automatically get privileges on audit rules you create.
Edit - allows you to create, view and edit all audit rules on the level the privilege was granted (system, partition, isolation-group, object)
Delete - allows you to create, view, and delete all audit rules on the level the privilege was granted (system, partition, isolation-group, object)
All - full control over all audit rules on the level the privilege was granted (system, partition, isolation-group, object)
Editing Audit Rules
Edit - privilege rank on the audit rule, or on audit rules in its partition, isolation group or system-wide
All - privilege rank on the audit rule, or on audit rules in its partition, isolation group or system-wide
Audit rules can reference the following objects, you need at least View privileges on these objects when you want to edit an audit rule that references them:
Application
Deleting Audit Rules
Delete
All