The IIA Provides Resources to Aid in Adoption of New Standards

The Institute of Internal Auditors has released a collection of tools and resources to help internal auditors incorporate the new Global Internal Audit Standards into their practice.

The new Standards, which were released in early January, will become effective in January of 2025. According to the IIA, “the new Standards are designed to optimize internal audit performance across all industries by providing a comprehensive and accessible guide to internal audit principles and requirements. The release of the new Standards marked a key milestone in the IPPF Evolution, an initiative that ensures the IIA’s International Professional Practices Framework remains relevant and valuable to IIA members and their organizations amidst a rapidly changing audit and business environment.”

The portfolio of guidance and support materials offered by the IIA features webinars, virtual or in-person courses, pre-conference workshops, reports, and more to aid in the education and adoption of the new Standards.

Documents:

• Full Standards
• Condensed Standards
• Report on the Standard-Setting and Public Comment Process
• Two-Way Mapping: 2017 IPPF Mandatory Elements to 2024 Global Internal Audit Standards (and Back)

Free online webinars:

• Get to Know the New Global Internal Audit Standards – Available on-demand.
• What the New Standards Mean to Quality Assessments – Offered virtually on February 13, 2024.

In-depth courses:

• Navigating the Global Internal Audit Standards – Offered virtually and in-person on various dates between February 2024 – December 2024.
• Ethically Mastering the Global Internal Audit Standards – Offered virtually on select dates between February – July 2024.

Dedicated pre-conference workshops:

• 2024 GAM Conference: Pre-Conference Workshop –­ Offered virtually and in-person on March 10, 2024.
• 2024 International Conference: Pre-Conference Workshop – Offered virtually and in-person on July 14, 2024.

The IIA will be releasing two products available for purchase: an eBook ahead of the GAM conference in March and a new printed version of the Global Internal Audit Standards, commonly known as The Red Book, ahead of the International Conference in July.