This segment dedicated to the new Global Internal Audit Standards will review the remaining principles in Domain IV (Principle 9 of Domain IV was reviewed in a previous segment). The remaining principles are:

  • Principle 10 – Manage Resources
  • Principle 11 – Communicate Effectively
  • Principle 12 – Enhance Quality

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 of 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
Learning Objectives
  • Explore and examine Principle 10 – Manage Resources.
    • Discern Standard 10.1 – Financial Resource Management.
    • Discern Standard 10.2 - Human Resource Management.
    • Discern Standard 10.3 – Technological resource management.
  • Explore and examine Principle 11 – Communicate Effectively.
    • Discern Standard 11.1 Building Relationships and communicating with stakeholders.
    • Discern Standard 11.2 Effective Communication.
    • Discern Standard 11.3 Communicating Results.
    • Discern Standard 11.4 Errors and Omissions.
    • Discern Standard 11.5 Communicating and the Acceptance of Risks.
  • Explore and examine Principle 12 – Enhance Quality.
    • Discern Standard 12.1 Internal Quality Assessment.
    • Discern Standard 12.2 Performance Measurement.
    • Discern Standard 12.3 Oversee and Improve Engagement Performance.
Last updated/reviewed: July 09, 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 Internal Audit Standards Domain IV: Principle 10, Principle 11 and Principle 12 3:34
  Principle 10 - Manage Resources7:40
  Standard 10.2 HR Management22:48
  Standard 10.3 Technological Resources8:16
  Principle 11 - Communicate Effectively8:28
  Standard 11.2 Effective Communication4:10
  Standard 11.3 Communication Results12:35
  Standard 11.4 and 11.510:10
  Principle 12 - Enhance Quality2:31
  Standard 12.1 Internal Quality Assessments8:45
  Standard 12.2 Performance Measurements7:32
  Standard 12.3 Oversee and Improve Engagement Results10:50
  Global Internal audit Standards (GIAS) Domain IV - Part 21:49:05
  Slides: Global Internal audit Standards (GIAS) Domain IV - Part 2PDF
  Global Internal audit Standards (GIAS) Domain IV - Part 2 Glossary/IndexPDF