Early adoption is encouraged

The new Global Internal Audit StandardsTM, released January 9, 2024, will become effective January 9, 2025. Internal audit functions may start adopting the Standards now.

The Standards guide the worldwide professional practice of internal auditing and serve as a basis for evaluating and elevating the quality of the internal audit function. At the heart of the Standards are 15 guiding principles that enable effective internal auditing.

The new Standards:

• Elevate the profession.
• Make what you need to know easily accessible.
• Guide the profession into the future.
• Are streamlined and simplified, with mandatory elements all in one place.
• Emphasize the quality of internal audit performance.
• Provide principles and requirements for delivering quality internal auditing.
• Help internal auditors be better partners to the board and senior management.
• Guide effective assurance and advisory services.
• Include a special section for the public sector.

More resources for you

• To understand the structure of the new IPPF and Global Internal Audit Standards, learn about the primary changes and become familiar with the content in each section of the new Standards watch this webinar.
• You can also learn about What the New Standards Mean to Quality Assessments on this complimentary webinar! Warren Hersh provides tips on how to implement the Standards successfully and practically in the most efficient and effective way. Watch it here.
• The Standards are now available in French and Dutch.

Learn more