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Overhauling Internal Audit Standards.


Revolutionary changes in the auditing profession in recent years are included in the newly published Standards for the Professional Practice of Internal Auditing, released by the Institute of Internal Auditors “IIA” redirects here. For IIA in decision theory, see Independence of irrelevant alternatives.

Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association of more than 128,000 members with global headquarters in
. New standards support the new assurance, consulting, risk management and governance roles set forth in the recently broadened definition of internal auditing and reflect wisdom gained from the IIA (1) (Information Industry Association, Washington, DC) In 1999, IIA merged with SPA (Software Publishers Association) to become the Software & Information Industry Association. See SIIA.  Research Foundation's landmark global research, the Competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like.
     2.
 Framework for Internal Auditing (CFIA CFIA Canadian Food Inspection Agency
CFIA Center For International Affairs
CFIA Component Failure Impact Analysis
CFIA Colegio Federado de Ingenieros y de Arquitectos (Costa Rica)
CFIA Canadian Fence Industry Association
).

IIA Vice President Basil Pflumm says, "Compliance with the new standards across the board will be mandatory beginning January 1, 2002." The new publication represents the most extensive revisions since the standards were established more than two decades ago,
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2001
Words:110
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