Auditing and Financial Management:
March 31, 2008, letter commenting on the IIA's Exposure Draft on Proposed Changes to the "International Standards for the Professional Practice of Internal Auditing"
Published: Mar 31, 2008. Publicly Released: Mar 31, 2008.
- Full Report:
This letter provides the U.S. Government Accountability Office's (GAO) comments on the Institute of Internal Auditors' (IIA) Exposure Draft of Proposed Changes to the International Standards for the Professional Practice of Internal Auditing (Standards). We appreciate the opportunity to comment on this significant proposal. We commend the IIA for taking on this project to update the Standards to align with the revised International Professional Practices Framework and to add clarity to the Standards using standard language to define auditor requirements.