Mastering the New Global Internal Audit Standard 2024

Internal QAIP - What Internal Auditor Need to Do for Conformance -With Migration and Gap Assessment Detail Excel Toolkit

What you'll learn
- Deep dive into the 5 Domains, 15 Principles and 52 Standards of GIAS
- Consideration for Implementation for New IIA GIAS
- GIAS gap assessment audit program (Downloadable and editable)
- Examples for Evidence for Conformance
- Two Way Mapping from and to 2017 IPPF and 2024 GIAS
- Implementation Guidance of 2024 GIAS
- Internal QAIP as per 2024 GIAS
- How to do the gap assessment with New GIAS
- Migration steps from 2017 IPPF to 2024 GIAS
- GIAS Gap Assessment and Adoption Toolkit (Excel Downloadable)

Requirements
- Basic Internal Audit Knowledge
- Working experience in internal audit
- Some knowledge about previous IPPF Key Standards. Detail of new GIAS is provided with map to IPPF

Description
The Institute of Internal Auditors (IIA) Global Internal Audit 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. Each principle is supported by standards that contain requirements, considerations for implementation, and examples of evidence of conformance. Together, these elements help internal auditors achieve the principles and fulfill the Purpose of Internal Auditing.

In this course, we have discussed the Standards five domains:

Domain I: Purpose of Internal Auditing.

Domain Il: Ethics and Professionalism.

Domain Ill: Governing the Internal Audit Function.

Domain IV: Managing the Internal Audit Function.

Domain V. Performing Internal Audit Services

Under each Domain's Standard we have discussed the

- Requirements: mandatory practices for internal auditing.

- Considerations for Implementation: common and preferred practices to consider when implementing the requirements.

- Examples of Evidence of Conformance: ways to demonstrate that the requirements of the Standards have been implemented

This course includes the general guidance and explanation about the

Topical Guidance and Requirement

IIA Courses, events, seminar/webinar about the GIAS

What internal auditors have to do now after the GIAS

How to conduct the gap assessment without the help of consultants

How to have the conformance with the New GIAS

What changes will be there in CIA and CRMA exams.

How quickly in 15 minutes you can do your self-assessment with New GIAS

Requirements for External Quality Assessment

The excel file can be used as the Internal Quality Assurance and Improvement Program (QAIP) where you can assess your compliance to the GAIS and results can be presented to management and audit committee.

Who this course is for:
- Internal Auditors
- Chief Audit Executives
- Consultants
More Info