Event Details
Focus and Features
This course is designed specifically for internal auditors seeking to enhance their knowledge and skills in alignment with the revised International Professional Practices Framework (IPPF) and Standards set forth by The Institute of Internal Auditors (IIA). This course delves into the changes introduced to the IPPF and Standards, with a particular emphasis on the five domains that govern the internal audit profession.
Learning Objectives
- Examine the changes to The IIA's Global Internal Audit Standards and their significance for internal audit functions currently in conformance with the 2017 IIA Standards.
- Determine what changes the internal audit function needs to consider for conformance across the five domains of the Global Internal Audit Standards.
- Analyze ethical scenarios within the context of the revised standards and develop strategies to address them.
- Enhance professional judgment and decision-making skills when faced with ethical dilemmas in the auditing field, based on conformance with the new Global Internal Audit Standards.
What you will learn
Revised IPPF Structure
Examine the structure of the Global Internal Audit Standards:
- Domains.
- Principles.
- Standards.
Considerations for:
- Implementation.
- Evidence of Conformance.
Understand other IPPF components:
- Guidance.
- Topical Requirements.
Domain Review
- Examine major changes in the 5 domains:
- Purpose of Internal Auditing.
- Ethics and Professionalism.
- Governing the Internal Audit Function.
- Managing the Internal Audit Function.
- Performing Internal Audit Services.
Determine what changes the internal audit function should consider for conformance.
Practical Implementation of the Global Internal Standards
- Analyze the impact of the changes on auditing processes holistically.
- Align current internal audit practices with the new Standards.
Ethically Mastering the Standards
- Apply the standards to ethical scenarios.
- Develop strategies for addressing ethical dilemmas in auditing, in the context of the Global Internal Audit Standards.
Who shall attend
This course will benefit experienced users of the 2017 IPPF who are preparing to adjust their internal audit practices and methodologies to be in conformance with the new Global Internal Audit Standards.
Number of CPE units: 7
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