This virtual learning session provided an overview of the International Professional Practices Framework (IPPF) and updated on the recent changes in the framework, covering the mission statement and the core principles as well as presented the changes to the International Standards for the Professional Practice of Internal Auditing (ISPPIA). Speaker Jan-Pierre Garitte, international governance, risk management and internal audit practitioner, consultant and trainer reemphasized the importance of the IPPF and discussed the main changes to the IPPF and ISPPIA which came into effect in 2017.
Approximately 60 participants benefited from the virtual session and where able to connect remotely from Ankara, Belgrade, Podgorica, Pristina, Sarajevo, Skopje, Tirana, Vienna, Yerevan and Zagreb.
The IPPF as the conceptual framework that organizes authoritative guidance for internal audit practitioners was revamped by the Institute of Internal Auditors (IIA) in July 2015. Additional changes to the IPPF and the ISPPIA came into effect in 2017, including:
- Enhancements to existing standards on communications and quality assurance;
- The creation of two new standards that address roles of internal audit functions and objectivity in both assurance and consulting engagements;
- The alignment of existing standards to the set of Core Principles that were incorporated into the IPPF.
These changes are relevant for internal auditors in both private and public sectors, and were implemented to help internal auditors meet demands created by an evolving and dynamic organizational environment.
Please visit the Internal Audit Training of Trainers webpage for more information about its activities.
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