Applying the Standards for Internal Auditors Part 1

Applying the Standards for Internal Auditors Part 1

Corporate management personnel often are not aware that internal auditors have standards and guidelines defined by the profession. Internal Audit (IA) is not always seen as those who must follow established professional standards. Internal auditors don’t have a “license to practice”.  So why do we need Standards?

A value oriented IA function will have an understanding of the International Professional Practices Framework (IPPF) Standards and be able to articulate their importance to management. Absence of acknowledgement of the Standards infers the group is a quality assurance function. That may be what the organization wants, but they should be able to differentiate.

The courses on “Top Skills for Internal Audit” and “Foundations of Internal Audit” covered aspects of business acumen and included concepts of the Institute of Internal Auditors (IIA) Standards. This course will delve deeper into the major components of the Standards and their meaning to the profession.

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Applying the Standards for Internal Auditors in Line with Your Organization's Needs - Part One. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

This course delves deeper into the major components of the IPPF Standards and their meaning to the profession.

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What you will learn

• Explore the mission of Internal Audit (IA) as defined by the Institute of Internal Auditors (IIA).
• Explore the Mandatory Guidance and core principles as identified by the Institute of Internal Auditors Standards.
• Explore the IA Code of Ethics as defined by the Institute of Internal Auditors.

Rating: 4.1

Level: Intermediate Level

Duration: 2 hours

Instructor: Illumeo Learning