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IIA Canada is the voice of the Internal Audit Profession in Canada

The Institute of Internal Auditors Canada (IIA Canada) and the Canada Advisory Committee work closely with The IIA North American and Global boards. IIA Canada's goal is to raise the profile and demand for internal audit and ensure the profession is recognized as an indispensable resource by key stakeholders. Advocacy is a principal tool for accomplishing this goal.

Successful advocacy means honing and promoting key messages to inform and promote the fundamental elements that make an organization’s internal audit function essential in effective governance.

  • Internal audit makes organizations stronger. Properly positioned internal audit functions that are independent, well-resourced, and aligned with an organizational strategy make for effective internal audit. When internal audit is effective, it makes the organization stronger.
  • The IIA’s International Standards for the Professional Practice of Internal Auditing provide the foundation for high-quality audits that help ensure complete, accurate, and reliable information is reported to the governing body and stakeholders. The Standards are a mandatory element of The IIA’s International Professional Practices Framework (IPPF), which includes the Code of Ethics, Core Principles, and the Definition of Internal Auditing.
  •  The IIA’s Certified Internal Auditor® (CIA®) is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competence and professionalism in the internal audit field. CIAs demonstrate proficiency in the profession and are better equipped to deliver high-quality audits in accordance with the Standards.

Advocacy at IIA Canada

IIA Canada is actively reaching out on behalf of Canadian internal auditors to promote and elevate the value of their work and educate and influence policymakers, public office holders, and key stakeholders. IIA Canada continues to develop relationships that broaden the business world’s understanding of internal auditing as the profession’s national voice, acknowledged leader, recognized authority, and principal educator. Engaging with local, national, and regional stakeholders is vital to The IIA’s advocacy efforts. Within this context, stakeholders include oversight bodies, regulators, government officials, standard-setting bodies, boards of directors, audit committee members, executive management, external auditors, shareholders, customers, and the broader business community.

IIA Canada Public Comment Letters

Date Organization Response
31 - March - 2023 Financial Services Regulatory Authority of Ontario (FSRA) Comments regrading Proposed IT Risk Management Guidance Consultation
31 - May - 2023 Office of the Superintendent of Financial Institutions (OSFI) In regards to the Culture and Behaviour Risk Guideline


What are the Desired End Results of Our Advocacy Efforts?

IIA Canada aims to:

  • Advocate for the profession before standard-setting bodies, oversight entities, regulators, and other stakeholders.
  • Ensure that internal auditing is at the governance table and is acknowledged as a cornerstone of effective governance.
  • Ensure that the internal auditing profession is recognized nationally and globally.

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