Mastering the New Global Internal Audit Standard 2024
Migrating from 2017 IPPF to 2024 New Global Internal Audit Standards - What Internal Auditor Need to Do for Conformance
Description
The Institute of Internal Auditors (IIA) Global Internal Audit Standards guide the worldwide professional practice of internal auditing and serve as a basis for evaluating and elevating the quality of the internal audit function. At the heart of the Standards are 15 guiding principles that enable effective internal auditing. Each principle is supported by standards that contain requirements, considerations for implementation, and examples of evidence of conformance. Together, these elements help internal auditors achieve the principles and fulfill the Purpose of Internal Auditing.
In this course, we have discussed the Standards five domains:
Domain I: Purpose of Internal Auditing.
Domain Il: Ethics and Professionalism.
Domain Ill: Governing the Internal Audit Function.
Domain IV: Managing the Internal Audit Function.
Domain V. Performing Internal Audit Services
Under each Domain's Standard we have discussed the
- Requirements: mandatory practices for internal auditing.
- Considerations for Implementation: common and preferred practices to consider when implementing the requirements.
- Examples of Evidence of Conformance: ways to demonstrate that the requirements of the Standards have been implemented
This course includes the general guidance and explanation about the
Topical Guidance and Requirement
IIA Courses, events, seminar/webinar about the GIAS
What internal auditors have to do now after the GIAS
How to conduct the gap assessment without the help of consultants
How to have the conformance with the New GIAS
What changes will be there in CIA and CRMA exams.
How quickly in 15 minutes you can do your self-assessment with New GIAS
Requirements for External Quality Assessment
What You Will Learn!
- Deep dive into the 5 Domains, 15 Principles and 52 Standards of GIAS
- Consideration for Implementation for New IIA GIAS
- Examples for Evidence for Conformance
- Two Way Mapping from and to 2017 IPPF and 2024 GIAS
- Implementation Guidance of 2024 GIAS
- Quality Assessment guidelines
- How to do the gap assessment with New GIAS
- Migration steps from 2017 IPPF to 2024 GIAS
Who Should Attend!
- Internal Auditors
- Chief Audit Executives