Internal Auditing in the News

"We are trying to influence the Higher Education Ministry to create awareness on the importance of introducing internal audit as a degree course."
            Wee Hock Kee, Institute of Internal Auditors Malaysia President, Daily Express (April 2006)

"Internal auditors are no longer stuck in the financial compliance box, having worked hard to provide value by evolving into a more business-oriented role."
             Accountancyage.com (February 2005)

"The IIA is positioned to guide companies in setting up an infrastructure, provide access to people experienced in this process and help establish standards for what constitutes a good audit shop."
             AICPA (September 2004)

"The Institute of Internal Auditors... provides insight into the challenges faced by companies as they seek to comply with Sarbanes-Oxley regulations."
            CBIZ (August 2004)

"[Internal] auditors are rock stars now, this is their day in the sun."
              CFO.com (February 2004)

"BindView Corp is fronting a new compliance council alongside two professional bodies...the goal of the new Security Compliance Council, which is being backed by the Computer Security Institute and The Institute of Internal Auditors, is to promote a better understanding of global IT security compliance requirements."
             Computer Business review online (September 2005)

"The IIA's decision to consider that a periodic opinion on an organization's overall internal control structure should be an essential mission of every internal auditing function."
             Internal Auditing (September/October 2004)

"The Certified Internal Auditor (CIA®) designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the field."
             Missourian (August 2005)

"Thanks to the post-Enron Sarbanes-Oxley Act, more and more number crunchers are joining corporate payrolls. Few are more sought after than internal auditors ..."
             Money Magazine (April 2005)

Institute of Internal Auditors'- Malawi President Shadrick Namalomba said the institute expects government to put in place a mechanism to monitor the performance of the board members and that those who do not perform would be changed.
            Nation Online (December 2005)

"The Institute of Internal Auditors is the certifying body for the profession..."
             News Observer.com (November 2004)

"Individuals charged with overseeing the organization's control structure and accuracy of financial information should step up to the plate and go on the record," says IIA President Dave Richards.
             SmartPros (August 2004)

"The Institute of Internal Auditors of Zambia has a key role to play in the evolution of the country's corporate culture..."
             The Financial Gazette (October 2004)

"The establishment of The Institute of Internal Auditors-Papua New Guinea (IIA-PNG) is a big step forward in integrating professionalism into our corporate culture," said Finance Secretary Thaddeus Kambanei when he officially opened the first inaugural conference of the IIA-PNG.
             The National (November 2005)

"The IIA is in a good position to grapple with the nascent concept of sustainable development...dealing with concepts at a global level, sharing experiences in diverse countries, and devising multinational solutions that would make it easier for companies to remain competitive while adopting policies that allow sustainable development."
             WebCPA (November 2004)

The Institute of Internal Auditors • 247 Maitland Avenue • Altamonte Springs, Florida 32701-4201 USA
+1-407-937-1100 • Fax +1-407-937-1101 • www.theiia.org • Copyright 2008