2010 Standards Exposure

The IPPF process requires that all guidance be reviewed at least once every three years to ensure that it remains current, relevant, and timely. The IIA’s Internal Audit Standards Board (IASB) has recently conducted a comprehensive review of the International Standards for the Professional Practice of Internal Auditing (Standards) and is proposing changes to some of the Standards as well as recommending new Standards. Part of the established guidance process includes the exposure of proposed changes in mandatory guidance to stakeholders of the profession to ensure the modifications are clear, understandable, and consistent with the practice of internal auditing.

The proposed changes and new Standards had a 90-day exposure period from Feb. 15, 2010 to May 14, 2010.

The current Standards are available on The IIA’s Web site at: http://www.theiia.org/guidance/standards-and-guidance/ippf/standards/.

You can review the mark-up version of the current Standards and proposed changes.   

Standards Exposure Webinar: The IIA hosted a webinar on Feb. 19, 2010 to review the proposed changes. The IASB chair and vice chair provided background and additional explanations regarding the Standards exposure. Here are Power Point presentation  (703KB) slides and webinar replay.  See answers to the questions asked during the webinar.

 The IIA's Internal Audit Standards Board is reviewing the comments received from the exposure period. The final decision will be made late in 2010.

A webinar has been scheduled October 26th from 3:00 - 4:00 p.m. (Eastern) to discuss the NEW STANDARDS RELEASE.
More details to follow in the coming months.

Contact guidance@theiia.org for questions.