The U.S. Federal Reserve System's guidance on internal audit and its outsourcing is often used as a baseline by bank inspectors.
Comparing SR 13-1 to IIA Standards
The U.S. Federal Reserve System's guidance on internal audit and its outsourcing is often used as a baseline by bank inspectors. This publication discusses how the Federal Reserve guidance relates to, and compares and contrasts with, The IIA's International Standards for the Professional Practice of Internal Auditing.