IIA Signs Merger with Auditing Roundtable
Stage set for new IIA Environmental, Health, and Safety Audit Center
VANCOUVER (July 9, 2015) — The Auditing Roundtable, Inc. and The Institute of Internal Auditors (IIA) completed a yearlong negotiation Wednesday with leaders from the two organizations signing a merger agreement at The IIA’s 74th International Conference in Vancouver. The merger will be finalized upon anticipated state regulatory approval.
The merger positions environmental, health, and safety auditors globally to receive The IIA’s high quality professional services through the creation of a dedicated EHS Audit Center, starting in 2016. The agreement initiates an integration plan that continues the Auditing Roundtable’s services to its members until the new center opens in 2016.
Earlier this year, the Auditing Roundtable Board of Directors unanimously approved a letter of intent to merge with The IIA, with members overwhelmingly approving the proposal. The IIA’s North American Board, Executive Committee, and Global Board of Directors also approved the merger.
“I am certain this union and the launch of the new EHS Audit Center will elevate the professional practice of environmental, health, and safety auditing globally,” said IIA President and CEO Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA. “The support the new center will provide through targeted resources, training, and networking opportunities will benefit EHS internal auditors, the organizations they serve, and internal audit stakeholders through improved service and value.”
The IIA is currently seeking a director to head the new EHS Audit Center, and the pre-merger Auditing Roundtable Board will serve as the center’s initial Advisory Board. The IIA will continue to offer Board of Environmental, Health & Safety Auditor Certifications (BEAC), the most valued credential of the EHS auditing community, which the Auditing Roundtable and IIA have jointly overseen since 1997.