In this session, you In 2023, The IIA will be issuing a major update of the IPPF, including proposed new Global Internal Audit Standards™. According to the proposed Standards, an audit function is required to conduct a quality assessment at least every five years. Internal audit functions will face challenges and opportunities with their quality assessment review requirements needed to demonstrate conformance and performance in accordance with the new proposed Standards.
Participants will gain knowledge and insight from world-class experts relative to how the new Standards will impact future quality assessment reviews and how you can successfully prepare.
This panel discussion will provide expert insight into:
- Changes proposed with new standards for governance and quality.
- Impact of the new Standards on future quality assessments.
- Leading practices and experiences in dealing with quality assessment review issues.
- Developing a strategy for meeting the requirements.
Warren Hersh is the Director of Quality Services for The IIA. He was previously Comptroller for the Central Florida Regional Transportation Authority (LYNX), Auditor General and interim CFO for New Jersey Transit, and Internal Audit Director at Jefferson Wells (now Experis) and BDO Seidman. With 40+ years of experience in internal auditing, risk management, fraud prevention/detection, project management, business process analysis/improvement, corporate governance, and IT, he has conducted external quality assessment reviews in many industries. Hersh served on The IIA’s International Internal Audit Standards Board for 11 years and the International Public Sector Committee for 3 years. He previously served as the President of IIA–Philadelphia and is currently on the Chapter Audit Committee.
David Petrisky, CIA, CRMA, CPA, CISA
David Petrisky is the Director of Professional Standards at The IIA. For the previous two years, he was the Director of Professional Guidance (Technology) for The IIA, where he wrote Global Technology Audit Guides on subjects covering identity and access management, cybersecurity, and the software development lifecycle, among others. Before joining The IIA, Petrisky held several positions over a 20+-year career in finance and internal audit in the telecom, fintech, and mass transit sectors. Additionally, since 2019, he has taught internal auditing to 400+ students in the Master’s of Accounting program at Georgia State University, an IAEP school.
Basil Woller, CIA, CRMA
Basil Woller has 40+ years of experience in internal auditing, risk assessment and management, corporate governance, and ethics and compliance. For the past 14 years, he has focused on providing quality services to a broad spectrum of organizations. He has personally conducted 500+ quality assessments during his career. Woller has presented frequently and authored several articles on internal audit quality, facilitates quality assessment training, and authored the latest version of The IIA’s Quality Assessment Manual. He previously led Protiviti’s global external quality assessment services practice and served as Chief Audit Executive at El Paso Corporation. Woller served on The IIA’s Board of Directors as the International Treasurer and Chairman of the Global Finance Committee. Woller was recently inducted into The IIA’s American Hall of Distinguished Audit Practitioners.
Don Espersen, CIA, CRMA, QIAL
Don Espersen is an independent internal audit advisor and professional trainer who has worked with client groups in Africa, Asia, Canada, the Caribbean, Europe, Mexico, the Middle East, Oceania, South America, and the U.S. Prior to creating despersen & associate in 1999, he served in CAE, internal audit management, and staff positions in several financial services organizations. Espersen has facilitated 700+ seminars and customized training programs on internal auditing, risk management, and internal control topics, as well as led 50+ external quality assessments for internal audit groups in numerous industries, sectors, and international locations. He was a primary facilitator for The IIA’s Vision University for 10+ years, developed 12+ seminars for The IIA, and was an author of The IIA’s Quality Assessment Manual (2013).
- Read and comment on the proposed Standards.
- View the history of the IPPF Evolution project.
- Read the latest Insights to Quality: Achieving Quality With the Proposed Global Internal Audit Standards.
- Learn more about IIA Quality Services.