The Chartered Institute of Internal Auditors (Charted IIA) announced Thursday the publication of new guidance, intended to serve as an industry benchmark to improve the effectiveness of internal audit functions and raise the bar across the profession within organizations operating in the United Kingdom and Ireland.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...