How should the IIA change its Standards and other Guidance?

0
168

The IIA’s Internal Audit Foundation is asking for practitioner member input. You can find the survey here on their web site. It is available through the end of August.

They say:

2021: Research Focus: Assessing Internal Audit Practices

The Foundation has selected this topic to gather perspectives and insights of importance in understanding the global practice of the profession and to understand the current relevance and potential improvements of the International Professional Practices Framework (IPPF) and International Standards for the Professional Practice of Internal Auditing (Standards).

Overall Study Objectives:

  • Assess internal audit practices at the internal audit activity and practitioner levels.
  • Understand the value and relevance of the IPPF and Standards toward ensuring internal audit effectiveness.
  • Ensure continued applicability and effectiveness of the IPPF and Standards.

I started the survey, but when I indicated that I was retired they threw me off because they only want the survey completed by “current practitioners”.

Of course, that will not prevent me from sharing my views – which I shall in this post.

I haven’t seen the questions, so I am making some general rather than specific points.

  • The Standards and other guidance require a “risk-based plan” (Standard 2010 –…

Подробнее…