{"id":9375,"date":"2020-09-30T15:04:42","date_gmt":"2020-09-30T13:04:42","guid":{"rendered":"https:\/iia-unveils-new-framework-to-enhance-internal-audit-competencies\/"},"modified":"2020-09-30T15:04:42","modified_gmt":"2020-09-30T13:04:42","slug":"iia-unveils-new-framework-to-enhance-internal-audit-competencies","status":"publish","type":"post","link":"https:\/\/vaa.lt\/en\/iia-unveils-new-framework-to-enhance-internal-audit-competencies\/","title":{"rendered":"IIA Unveils New Framework to Enhance Internal Audit Competencies"},"content":{"rendered":"<p class=\"ms-rteThemeFontFace-2\"><em>Internal Audit Foundation also to launch survey to gain greater insight into performance and gaps<\/em><\/p>\n<p class=\"ms-rteElement-P\">LAKE MARY, Fla. (September 30, 2020) \u2014The Institute of Internal Auditors (IIA), as the internal audit profession\u2019s most widely recognized advocate, educator, and provider of standards, guidance, and certifications, announced today that it is launching a new, comprehensive framework for the professional development of internal auditors.<\/p>\n<p class=\"ms-rteElement-P\">The IIA\u2019s Internal Audit Competency Framework provides career advancement direction and support for practitioners at all levels \u2013 from those just beginning to develop their professional acumen, to more experienced practitioners seeking to further boost their performance, to existing and aspiring leaders who want to demonstrate their ability to improve their organization\u2019s overall performance.<\/p>\n<p class=\"ms-rteElement-P\">\u201cExpectations by stakeholders are growing exponentially, presenting challenges but also opportunities for internal auditors to evolve and enhance their value to organizational success,\u201d said IIA President and CEO Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA. \u201cA Competency Framework, uniquely developed by The IIA and geared toward advancing the profession and the individual, with tools that assess professional strengths and development needs, not only strengthens our footing in the International Professional Practices Framework (IPPF) and the <em>Standards<\/em>, but positions internal auditors for what lies ahead.\u201d<\/p>\n<p class=\"ms-rteElement-P\">With attention to three levels of competency \u2013 general awareness, applied knowledge, and expert \u2013 the Framework allows users to assess where they stand in various knowledge areas, then identify the <em>Standards<\/em> and guidance, training and educational resources, targeted content, and more based on four distinct tracks, or disciplines:<\/p>\n<ul>\n<li>Professionalism \u2013 These are competencies required to demonstrate authority, credibility, and ethical conduct essential to effective internal audit.<\/li>\n<li>Performance \u2013 From knowledge in organizational governance and risk management to internal control, fieldwork, and outcomes, these competencies are aimed toward planning and performing internal audit engagements in conformance with the <em>Standards<\/em>.<\/li>\n<li>Environment \u2013 A prerequisite to identifying and addressing risks specific to the industry and the environment in which an organization operates is an understanding of organizational strategic planning, business practices, sustainability and social responsibility, IT, and finance.<\/li>\n<li>Leadership &amp; Communications \u2013 Leading an internal audit activity or engagement requires an ability to understand and define strategic direction, communicate effectively and build and maintain productive relationships with internal and external stakeholders, and manage and appropriately direct personnel and processes.<\/li>\n<\/ul>\n<p class=\"ms-rteElement-P\">To support this major initiative and ensure the tools and other resources are available and relevant to the Framework and its 22 knowledge areas, the Internal Audit Foundation is also launching a global survey on October 5 to assess competency levels of internal audit practitioners. This research, in partnership with Deloitte, will involve affiliates and chapters around the world to ensure breadth and diversity in the information gathered.<\/p>\n<p class=\"ms-rteElement-P\">Objectives of the survey are to evaluate the current state of internal audit competencies in the field, how those competencies apply to expectations in the workplace and individual performance, the availability of resources and training supporting practitioner advancement, and where gaps must be filled to overcome obstacles to furthering the value of the profession.<\/p>\n<p class=\"ms-rteElement-P\">The survey will be conducted October 5\u201326 and can be accessed <a href=\"https:\/\/global.theiia.org\/iiarf\/Pages\/IAF-Premier-Research-Study-2020.aspx\">here<\/a>.<\/p>\n<p class=\"ms-rteElement-P\">For more information about the Internal Audit Competency Framework, visit The IIA\u2019s <a href=\"https:\/\/global.theiia.org\/standards-guidance\/Pages\/Internal-Audit-Competency-Framework.aspx\">website<\/a>.<\/p>\n<h2 class=\"ms-rteElement-H2\">Media Contact<\/h2>\n<p class=\"ms-rteElement-P\">John Babinchak<br \/>407-937-1240\/407-325-5560<br \/><a href=\"mailto:John.Babinchak@TheIIA.org\">John.Babinchak@TheIIA.org<\/a><\/p>\n<h2 class=\"ms-rteElement-H2\">About The Institute of Internal Auditors<\/h2>\n<p class=\"ms-rteElement-P\">The Institute of Internal Auditors (IIA) is the internal audit profession\u2019s most widely recognized advocate, educator, and provider of standards, guidance, and certifications. Established in 1941, The IIA today serves more than 200,000 members from more than 170 countries and territories. The IIA\u2019s global headquarters are in Lake Mary, Fla. For more information, visit <a href=\"http:\/\/www.theiia.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.theiia.org<\/a> or <a href=\"http:\/\/www.globaliia.org\/\">www.globaliia.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Internal Audit Foundation also to launch survey to gain greater insight into performance and gaps LAKE MARY, Fla. (September 30, 2020) \u2014The Institute of Internal Auditors (IIA), as the internal audit profession\u2019s most widely recognized advocate, educator, and provider of standards, guidance, and certifications, announced today that it is launching a new, comprehensive framework for [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-9375","post","type-post","status-publish","format-standard","hentry","category-iia-naujienos"],"featured_image_src":{"landsacpe":false,"list":false,"medium":false,"full":false},"_links":{"self":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/9375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/comments?post=9375"}],"version-history":[{"count":0,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/9375\/revisions"}],"wp:attachment":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/media?parent=9375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/categories?post=9375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/tags?post=9375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}