The International Standards for the Professional Practice of Internal Auditing (Standards) are principle-focused and provide a framework for performing and promoting internal auditing. The Standards are mandatory requirements consisting of:
- Statements of basic requirements for the professional practice of internal auditing and for evaluating the effectiveness of its performance. The requirements are internationally applicable at organisational and individual levels.
- Interpretations, which clarify terms or concepts within the statements.
- The Standards employ terms that have been given specific meanings that are included in the Glossary.
Revised Standards, Effective January 1, 2017
The International Internal Audit Standards Board (IIASB) released the revision to the Standards following consideration and approval by the International Professional Practice Framework Oversight Council (IPPFOC).
It is necessary to consider both the statements and their interpretations to understand and apply the Standards
correctly. The Standards
employ terms that have been given specific meanings that are included in the Glossary.
are available as part of the IIA-Australia's drive for a high level of professionalism for all internal audit practitioners.
The following organisations declared their support of the IIA-Australia Standards as part of the recent benchmarking survey, Achieving High Performance in Internal Audit:
Australian Taxation Office*
Auto & General Insurance
| ||IAG* |
Ipswich City Council*
Lihir Gold Limited
Manchester Unity Australia Limited
National Australia Bank*
| || || |
|Catholic Church Insurances Limited |
City of Port Phillip
City of Stirling
Crane Group Limited*
Curtin University of Technology*
| ||Quantum Management Consulting & Assurance* |
Queensland University of Technology*
Seven Network Limited*
| || || |
|Department of Communities, QLD* |
Department of Education & Training, QLD*
Department of Housing, WA*
Department of Human Services, VIC
Department of Mines & Petroleum, WA*
Department of the Premier & Cabinet, QLD
| ||SP AusNet* |
Teachers Credit Union*
The University of Melbourne*
Toowoomba Regional Council*
| || || |
|Edith Cowan University* |
Heritage Building Society*
Holroyd City Council
| ||UXC Ltd |
Wyong Shire Council*
* Denotes the organisations which have performed an External Quality Assessment, as identified in the 2010 benchmarking survey.
Standards & Guidance — International Professional Practices Framework (IPPF)®