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IIA Leaders Gather in Peru to Discuss Global Initiatives

Lunes-25-de-Febrero-MANANA-with-caption.pngThe Institute of Internal Auditors (IIA) recently held its 10th annual Global Council, a forum for senior IIA leaders and staff from around the world to learn about the professional association’s initiatives, share their insights on key strategies for The IIA, and network with colleagues. This year’s event, which took place in Lima, Peru, from Feb. 24-27, drew 105 delegates from 55 countries and featured discussions on topics such as The IIA’s Global Advocacy Platform, Competency Framework, and Code of Ethics.

IIA Chairman Phil Tarling opened the meeting with an Institute roll call and spoke about progress The IIA has made since the last Global Council in New Delhi. IIA President and CEO Richard Chambers also greeted attendees and presented information on the 2013 Global Pulse of the Profession survey results and updates on key initiatives from IIA Global Headquarters.

“Attending our annual Global Council is a great honor for me,” said Chambers. “Our meeting always serves as a source of new ideas and insights to help foster the advancement of the profession around the world.”

One important topic of discussion was The IIA’s advocacy efforts around the world. Many Institutes have advocacy strategies, with an overall goal of increasing the business community’s understanding of internal auditing as a value-added function to sound corporate governance and the public’s welfare. When asked to identify how IIA Global can further the recognition, visibility, and credibility of The IIA in their country, delegates pointed to a need for tools that explain how to advocate.

Another key topic of discussion was internal audit competency. Most delegates were in agreement that professional development is a shared responsibility between the Institutes and IIA Global, with the local Institute being primarily responsible for this function. Roles for IIA Global include assisting Institutes with support, coordinating efforts among Institutes, serving as a “knowledge broker,” identifying hot topics, and developing presentations for Institute use.

Delegates also talked about the role of Global Council and the desire for more information-gathering, sharing, benchmarking, and networking among participants. Institute leaders acknowledged the need for improved communications to enhance the visibility and understanding of how Global Council discussions influence The IIA’s decision-making process.

The annual Global Council gathering ended with a one-day tour of the Pachacamac Ruins and the Queirolo Pisco manufacturing plant. During lunch, delegates were treated to a traditional Peruvian Paso Horse show.

“The IIA is grateful to IIA–Peru for hosting this year’s Global Council,” said Lori Gagnon, IIA acting director of governance. Next year’s Global Council will be held in Dubai, United Arab Emirates, March 9-12, 2014.