In 2024, the IIA issued an update to the IPPF, including new Global Internal Audit Standards. The Standards contain many updates and clarifications to enhance the profession of internal auditing, some of which will have an impact on external quality assessments. The new Standards also seek to elevate the quality of the assessments by requiring an internal audit function to demonstrate not only conformance but also performance. Internal audit functions and external quality assessors may face challenges and opportunities from the new requirements. In this open forum, you will gain knowledge and insight from experienced experts on how your internal audit function can enhance audit quality, ensure conformance, improve performance, boost your function?s maturity, elevate credibility with stakeholders, and help strengthen your organization?s ability to create, protect and sustain value.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Discuss concerns and challenges related to the new Quality Standards and their impact on future quality assessments.
- Analyze the impacts of the new Standards on future quality assessments.
- Develop strategies and identify leading practices for meeting the new Quality Standards requirements.
Major Topics
- Enhance audit quality and ensure conformance through practical insights from experienced internal audit experts.
- Improve performance, increase function maturity, and elevate stakeholder credibility within your organization.
- Strengthen your organization?s ability to create, protect, and sustain value through a more effective internal audit function.
