In 2024, The IIA published the update to the IPPF, including new Global Internal Audit StandardsTM. The new Standards seek to elevate the quality of internal audit by requiring an internal audit function to demonstrate not only conformance, but also performance.
In this session, you will be provided with insight into how to effectively implement the new Standards to ensure that internal audit provides the best possible quality service to your organization. Warren Hersh, director of IIA Quality Services, will provide tips and suggestions on how to implement the Standards successfully and practically in the most efficient and effective way, drawing on his vast experience in conducting quality assessment reviews and helping to establish and improve internal audit functions. In addition, Basil Woller will provide insight into common observations from quality assessment reviews, drawing on his many years of performing quality assessments and his role as principal author of The IIA’s Quality Assessment Manual.
CPE Learning Objectives
In this session, participants will gain practical knowledge of:
- Why the Standards matter.
- The new Global Internal Audit Standards TM for quality.
- Tips and techniques for successful implementation of the Standards.
- Common observations from quality assessment reviews.
To determine if this webinar is eligible for CPE credit, apply below.
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 three years. He was previously the President of IIA–Philadelphia and is currently on the Chapter Audit Committee. Hersh presents frequently at industry conferences and is a CIA, CPA, CISA, and CFE.
Basil Woller is a CIA and CRMA with 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 International Treasurer and Chairman of the Global Finance Committee. He was inducted into the American Hall of Distinguished Audit Practitioners in March 2023.
Marthin Grobler is a CIA and CRMA from Cape Town, South Africa and serves as Director of IA Professionals, an internal auditing firm established in 2000. He is an experienced internal auditor with 25+ years of private and public sector experience focused on EQAs and the development of internal auditors and relevant training materials. Grobler is a past governor of IIA–Western Cape, chairs and is a member of audit and risk committees, and speaks frequently at local and regional conferences and webinars on governance, internal auditing, risk management, and quality. Through his involvement on The IIA’s Global Standards Board, Topical Requirements Subcommittee, and “Internal Audit: Vision 2035,” task team, he is giving back and driving the profession into the future.