Internal Auditors Keeping Pace with Global Needs of Clients
With the constant expansion of technology and outsourcing of resources, more and more businesses are establishing an international presence. Even if your organization does not have a physical presence outside of the United States, it is not uncommon to have key affiliates located outside of the nation’s borders. Furthermore, it is hard to avoid noticing the large number of resources that are manufactured outside of the country.
With locations in 165 different countries and territories, The Institute of Internal Auditors (IIA) is keeping pace with the growing international needs of businesses. In fact, this past May the IIA held an international conference in South Africa, which brought together over 2000 members from all over the world.
Of course, such a large international presence requires that key standards are established in order to maintain comparability and understanding among internal audit professionals from all areas of the world. Fortunately, the IIA has done just that. The International Professional Practices Framework (IPPF) established by the IIA broadcasts a conceptual framework to all IIA members around the world. With the assistance of the IIA, the internal audit profession has clearly responded to the growing global needs of its clients.
