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Source: https://www.illumeo.com/blogs/illumeo-customer-success/2024/02/20/5-biggest-changes-new-global-internal-audit-standards

Category: Business

The new Global Internal Audit Standards (the Standards), which were announced on January 9, 2024 by the Institute of Internal Auditors (IIA), represent a "major milestone in a historic, multi-year project," according to the association. The internal audit profession will be significantly impacted by a number of key developments, such as a greater emphasis on how internal audit serves the public interest, clarifications about the board's role in overseeing internal audits, and new specifications for quality assurance and improvement programs.

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