Governing the Internal Audit Department in line with GIAS - Intermediate
Author: Lynn Fountain
| CPE Credit: |
2 hours for CPAs |
For the first time, standards for the IA profession will include direction and responsibilities for the board. Domain III outlines several standards for the board that:
- Authorize the IA function
- Ensure and safeguard its independence and positioning within the organization
- Establishes the board’s responsibilities for overseeing the quality of the performance of both IA and the chief audit executive
Publication Date: June 2025
Designed For
Controllers, Accountants, Auditors, Finance and Operational Professionals Professionals
Topics Covered
- Domain III
- Principle 8 – Overseen by the Board
- Standard 8.1 Board Interaction
- Standard 8.2 Resources
- Standard 8.3 Quality
- Standard 8.4 External Quality Assessments
- "Unofficial" Mapping of 2024 Global Standards to 2017 IPPF - Domain III Governance
Learning Objectives
- Explain how to evaluate Principle 8 Overseen by the Board
- Explain how to evaluate Standard 8.1 – Board interaction
- Explain how to evaluate Standard 8.2 - Resources
- Explain how to evaluate Standard 8.3 - Quality
- Explain how to evaluate Standard 8.4 – External Quality Assessment
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
