The New Audit Executive Center Now Hosts the Audit Committee Resource Exchange
The Audit Executive Center has recently updated its services, membership levels, content, and tools to better serve CAE’s needs. The Audit Committee Resource Exchange now resides in the new Center website as an AEC members-only resource. Many of the audit committee resources are still available below. Learn more about the new Center.
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.
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.
The IIA Updates Standards
Changes to the International Standards for the Professional Practice of Internal Auditing (Standards) went 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
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.
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.
2013 Model Audit Committee CharterModel 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 for pre-order. Visit the IIA Bookstore for more information.