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IIA Proposes Updates to Professional Practices Framework

Tammy Whitehouse | August 4, 2014

The Institute of Internal Auditors is reworking its International Professional Practices Framework and is asking the internal audit profession for some feedback on the proposed revisions.

A global task force commissioned by the IIA has recommended several substantive changes to the framework, including the addition of a mission statement and core principles, as well as new guidance designed to focus on emerging issues. The framework encompasses all the authoritative standards and guidance developed by the IIA to produce a blueprint of standards and guidance for the internal audit profession. Unchanged since 2007, the framework could use a refresh in light of heightened...

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