Skip Ribbon Commands
Skip to main content
The Institute of Internal Auditors North AmericaBreadcrumb SeparatorStandards and GuidanceBreadcrumb SeparatorTopics and ResourcesBreadcrumb SeparatorAudit Committee Resource Exchange

Audit Committee Resource Exchange 

The Audit Committee Resource Exchange

Because the audit committee is responsible to the board for oversight of management reporting on internal control, and because the internal auditors play a key role in assessing and reporting on risk management and internal controls, these two entities share a healthy interdependence.

The critical connection between audit committee effectiveness and internal auditing mandates that committee members maintain an in-depth understanding of internal audit best practices and how their internal audit activity is functioning.

The resources on this page provide a wealth of information for internal auditors, audit committees, and boards of directors.

Downloads and Links

Emerging Trends – Powered by the Global Pulse of Internal Audit

Global Perspectives and Insights: Emerging Trends – Powered by the Global Pulse of Internal Audit

The latest issue cites data from a recent global survey of practitioners explores two emerging issues – auditing culture and keeping up with technology (cybersecurity and big data). The report also explores how internal audit can, and arguably must, rise to the level of trusted adviser. Download your copy.

Audit Reports: Communicating Assurance Engagement Results

New Guidance: Audit Reports: Communicating Assurance Engagement Results

This new practice guide offers guidance to audit practitioners on how to effectively communicate the results of internal audit engagements to stakeholders. The guide addresses key considerations such as tailoring the report to multiple audiences, structuring the report to maximize impact, and accounting for follow up and corrective action. Download the guide.

Internal Audit as Trusted Cyber Adviser

The IIA Updates Standards

Changes to the Standards for the Professional Practice of Internal Auditing (Standards) go into effect Jan. 1, 2017.

The most significant changes reflect the evolving roles and responsibilities of the Chief Audit Executive (CAE). Two new standards acknowledge evolving demands on the CAE and the resulting potential for impairment to objectivity. Other changes to the Standards focus on aligning with the 10 Core Principles, introduced as part of last year’s update to The IIA’s International Professional Practices Framework (IPPF). Access now.

Voice of the Customer: Stakeholders’ Messages for Internal Audit

Voice of the Customer: Stakeholders’ Messages for Internal Audit

Internal audit has a unique and critical role to fill in organizational governance. In fulfilling this role, internal auditors work with a wide variety of stakeholders in their organizations. The focus of this report is on board members and members of the executive team of organizations that have internal audit functions. While there are other types of stakeholders, these are the ones that most directly affect the work of internal audit. Access now.

Internal Audit as Trusted Cyber Adviser

Six Audit Committee Imperatives: Enabling Internal Audit to Make a Difference

This report offers insights as to the expectations audit committees have of internal audit. For audit committees, the insights provide a catalyst for taking stock of committee members’ interactions with and use of the internal audit function. For any progressive chief audit executive (CAE), these expectations offer opportunities to take the initiative to advance relationships with this vitally important stakeholder group by improving internal audit’s value proposition. Thus, the insights offer a pathway to continuous improvements that benefit all. Access now.

Helpful Links

More Downloads

Grant Thornton - Competing Priorities
TeamMate – Strengthen Audit Committee Value: a 10-step Approach
NACD - Financial Lines
The Audit Committee: Internal Audit Oversight Implementing Best Practices and Higher Standards
20 Questions Directors Should Ask About Internal Audit


2013 Model Audit Committee Charter
Model Internal Audit Activity Charter

An updated edition of the International Professional Practices Framework (IPPF) guide, more commonly known as the Red Book, is now available. Visit the IIA Bookstore for more information.

Get your free subscription to The IIA's Tone at the Top newsletter.View the latest reports from The IIA's CBOK Resource Exchange.The Revised Standards (Effective January 2017)