Read Richard Chambers' Latest Blog
Proposed Changes to IIA Standards Will Raise the Bar Again
In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
The IIA has unveiled proposed changes to its International Standards for the Professional Practice of Internal Auditing (Standards), and announced a 90-day exposure period — Feb. 1 to April 30 — for public comment. The IIA has again proposed numerous changes that will raise the bar for the internal audit profession. I encourage every internal audit practitioner to review these important proposed changes, and to weigh in by participating in the survey.
I'll go over some of the proposed changes below, but I'd like to make a point about the crucial role that the Standards play in the day-to-day operations of internal audit functions around the world. It is important to understand that the Standards apply to all practitioners, from the greenest recruit to CAEs and other heads of internal audit. I wrote about this previously in a blog that stressed that, ultimately, Standards conformance enhances the reliability of internal audit's work and the stature of our profession.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.