In May 2023, the IIA released a draft of the new Global Internal Audit Standards. The intent was to provide more effective standards for Internal Audit globally.

The new Global Internal Audit Standards were released on January 9, 2024, and will become effective January 9, 2025. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period. The Global Internal Audit Standards guide the worldwide professional practice of internal audit. They serve as a basis for evaluating and elevating the quality of the internal audit function. The Standards use 15 guiding principles with five separate Domains that enable effective internal audit implementation and examples o evidence of conformance.
The Global Standards are organized into five domains:

  • Domain I: Purpose of Internal Auditing
  • Doman II: Ethics and Professionalism
  • Domain III: Governing the Internal Audit Function
  • Domain IV: Managing the Internal Audit Function
  • Domain V: Performing Internal Audit Service

This segment is dedicated to Domain I and II. We review the new Purpose Statement of Internal Auditing and compare and contrast it to the 2017 IPPF Mission and Definition of Internal Audit. We then begin to delve into Domain II - Ethics and Professionalism which contains Principle one on demonstrate objectivity and Principle two on maintain objectivity.

Future courses with delve into the principles outlined in Domain III, IV and V.

Learning Objectives
  • Discover and review the Fundamentals of the Global Internal Audit Standards.
  • Explore and review Domain One: Purpose of Internal Auditing.
  • Discover and review Domain Two: Ethics and Professionalism.
    • Discover and review Principle One - Demonstrate Integrity.
    • Explore and review Principle Two - Maintain Objectivity.
Last updated/reviewed: April 16, 2024
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to Global IIA Standards Fundamentals and Domain I and II12:20
  Domain II - Principle 123:20
  Domain II - Principle 1 cont'd18:14
  Domain II - Principle 219:06
  Domain II - Principle 2 Cont'd21:06
  Global IIA Standards Fundamentals and Domain I and II2:14:44
  Slides: Global IIA Standards Fundamentals and Domain I and IIPDF
  Global IIA Standards Fundamentals and Domain I and II Glossary/IndexPDF