Latest Guidance & Reports - The Institute of Internal Auditors

Latest Guidance and Reports

	Practice Guide - Internal Auditing and Fraud discusses fraud and provides guidance on how to address fraud risks on internal audit engagements. It clarifies internal audit responsibility in addressing fraud.
	GTAG - Fraud Prevention and Detection in an Automated World focuses on IT related fraud and techniques for effectively engaging technology to assess the risks related to fraud.
Professional Guidance: A COMPARISON - The Government Audit Standards/International Professional Practices Framework compares the Red Book (International Professional Practices Framework) with the Yellow Book (Government Audit Standards).
*A World in Economic Crisis: Key Themes for Refocusing Audit Strategy* provides insight on the impact of the economy on internal auditing. Read observations shared by 28 CAEs, service providers, and regulators who convened in Washington, D.C., by invitation of The IIA in March 2009.
IPPF Practice Guide Auditing External Business Relationships The IIA has issued a new Practice Guide titled "Auditing External Business Relationships" that discusses the risks associated with doing business with external parties. The publication provides guidance for both internal auditors and management when addressing these risks and responsibilities, as well as generating significant enterprise value. Download (563 KB, PDF; members only)
IPPF Practice Guide Formulating and Expressing Internal Audit Opinions The new Practice Guide "Formulating and Expressing Internal Audit Opinions" provides practical guidance to internal auditors who wish to form and express an opinion on some or all of an organization’s governance, risk management, and internal control systems. Download (470 KB, PDF; members only)
IPPF Practice Advisory 2120-2 Managing the Risk of the Internal Audit Activity "Practice Advisory 2120-2: Managing the Risk of the Internal Audit Activity" provides guidance related to the high level of risk for an internal audit activity. As a result, chief audit executives should consider the risks related to their internal audit activities and the achievement of their objectives. Read the practice advisory.