Institute of Internal Auditors

(For IIA in decision theory, see Independence of irrelevant alternatives.)
(DIsambiguation: see IIA.)

Established in 1941, The Institute of Internal Auditors (IIA) is a guidance-setting body. Serving members in 165 countries, The IIA is the internal audit profession's global voice, chief advocate, recognized authority, and principal educator, with global headquarters in Altamonte Springs, Fla., United States.

IIA Mission

The stated mission of The Institute of Internal Auditors is to provide "dynamic leadership" for the global profession of internal auditing. This includes:

Advocating and promoting the value that internal audit professionals add to their organizations;

Providing comprehensive professional education and development opportunities; standards and other professional practice guidance; and certification programs;

Researching, disseminating, and promoting to practitioners and stakeholders knowledge concerning internal auditing and its appropriate role in control, risk management, and governance;

Educating practitioners and other relevant audiences on best practices in internal auditing;

Bringing together internal auditors from all countries to share information and experiences.

Certified Internal Auditor (CIA)

The CIA is the primary professional designation offered by The IIA. The CIA designation is a globally recognized^{[citation needed]} certification for internal auditors and is a standard by which individuals may demonstrate their competency and professionalism in the internal audit field.

Earning the CIA qualification is intended to demonstrate a professional knowledge of the internal audit profession. CIAs are required to take continuing education courses.

Many CIAs today are senior internal audit managers, Vice Presidents, Directors and Chief Audit Executives in top global MNC companies driving internal audit functions in their respective companies. The best thing in acquiring CIA is that it is very much relevant to internal audit profession.

Other Certificates Offered by the IIA

Certification in Control Self-Assessment (CCSA)

Certified Government Auditing Professional (CGAP)

Certified Financial Services Auditor (CFSA)

Professional Standards

The IIA has three levels of Professional Standards:

Standards and Code of Ethics

These guidelines are mandatory for IIA members and internal audit organizations claiming to complete audits to IIA standards around the world. The Standards are recorded in what is referred to as the "Red Book."

Practice Advisories

Practice Advisories are not guidelines, but are strongly recommended. They help define and explain the.^{[clarification needed]}

Development and Practice Aids

Includes a variety of materials that are developed and/or endorsed by The IIA, including research studies, books, seminars, conferences, and other products and services related to the professional practice of internal auditing.

Global Technology Audit Guide (GTAG)

GTAGs are written in straightforward business language to address a timely issue related to information technology (IT) management, control, and security. To date, The IIA has released GTAGs on the following topics:

GTAG 1: Information Technology Controls
GTAG 2: Change and Patch Management Controls: Critical for Organizational Success
GTAG 3: Continuous Auditing: Implications for Assurance, Monitoring, and Risk Assessment
GTAG 4: Management of IT Auditing
GTAG 5: Managing and Auditing Privacy Risks
GTAG 6: Managing and Auditing IT Vulnerabilities
GTAG 7: Information Technology Outsourcing
GTAG 8: Auditing Application Controls
GTAG 9: Identity and Access Management
GTAG 10: Business Continuity Management

External links

IIA's Pakistan's annual conference 2007 [1] attended by Mr. John F White, CEO of Accume Partners and Mr. Ahmar Azam[2], EVP National Bank of Pakistan[3]National Bank of Pakistan