New Report Creates Unique Global Picture of Public Sector Internal Auditing
The IIA Research Foundation (IIARF) has released Internal Audit Capabilities and Performance Levels in the Public Sector, a study built on The IIARF’s Internal Audit Capability Model (IA-CM) for the Public Sector. The report benchmarks the IA-CM against the responses provided by public sector chief audit executives (CAEs) to the CBOK Study. Through this process, the researchers sought to identify:
- The most developed capabilities of public sector internal audit activities around the world.
- The areas that are most in need of further development.
- The main differences across regions.
One of the report’s authors, Elizabeth MacRae, CGAP, who served as the lead researcher and principal author of the Nine Elements Required for Internal Audit Effectiveness in the Public Sector, explained, “The survey results were used to gauge the overall performance of public sector internal audit activities by each IA-CM element and capability level. This process created a global picture of the capability levels of public sector internal auditing for the first time.” Get your complimentary copy of the full report!
*This report is released as part of the ongoing Global Internal Audit Common Body of Knowledge (CBOK) Study.