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Internal Auditors Get Revised Global Framework to Govern Practice

Tammy Whitehouse | July 6, 2015

The Institute of Internal Auditors has unveiled the latest enhancements to its nearly 70-year-old framework that governs the internal audit profession globally.

Larry HarringtonThe International Professional Practices Framework has been updated to try to strengthen the position of internal audit as a key player in the organizational structure, says Larry Harrington, senior vice chairman of the IIA’s global board and chairman of the task force that governed the framework update. “As we traverse an increasingly complex business environment, we must be clear what internal audit’s mission is and underscore the basic tenets and principles that will continue to propel our...

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