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New IIA Framework Pushes Audit Executives to Think Forward

Tammy Whitehouse | July 14, 2015

For internal auditors who haven’t yet seen the writing on the wall calling them to a more modern approach to practice, leaders in the profession have taken measures to make the writing more explicit.

At its recent annual global conference, the Institute of Internal Auditors layered over its entire professional practices framework a new mission and 10 core principles that are meant to point internal auditors in that new direction. The new International Professional Practices Framework emerged at the same time as a five-year IIA study of the profession that suggests many internal auditors already understand the need to steer themselves in that way, lest they be left behind.

Larry Harrington“The world is changing at light speed,” says Larry Harrington, the newly elected chairman of the IIA global board of directors and...

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