Read Richard Chambers' Latest Blog
Internal Audit Standards: The Only Option Is to Conform
In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
It was more than 40 years ago when the first internal audit standards were introduced. Since that time, the profession has matured immensely, and the proliferation of internal audit departments around the world has been remarkable. The standards have been revised and upgraded periodically and are now a critical component of The IIA's International Professional Practices Framework.
No true profession can exist without standards to which its members are held accountable. The Merriam-Webster dictionary defines a standard as "a level of quality, achievement, etc., that is considered acceptable or desirable . . . ideas about morally correct and acceptable behavior." It is in large part because of The IIA's International Standards for the Professional Practice of Internal Auditing that internal auditing is now widely viewed around the world as a profession.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.