Solved: Advanced Secuirty - Auditing tab

indeed and UAC will kick in with such privileged access

To occasionally run an application with a full administrator access token, use the following procedure....must be logged on as a local administrator or provide the credentials of a member of the local Administrators group.

1.Locate the program icon or a shortcut in Windows Explorer.

2.Right-click the program icon or shortcut, and then click Run as administrator.

3.When the UAC message is displayed, do one of the following:
•If you are logged on as a standard user, or if UAC is configured to always require credentials, enter the appropriate administrative credentials, and then click OK.
•If you are logged on as an administrator and UAC is not configured to always require credentials, click Yes to start the application.

http://windows.microsoft.com/en-sg/windows7/how-do-i-run-an-application-once-with-a-full-administrator-access-token

Alternatively, you can consider
Step 1: Create A Task Which Runs The Program You Want e.g. set "Run with highest privileges" to sets the required task to run with administrative permissions.
Step 2: Create A Shortcut To The Newly Created Task e.g. schtasks /run /tn "Task Name"
http://www.7tutorials.com/use-task-scheduler-launch-programs-without-uac-prompts