Managing the Internal Audit Function in Line with GIAS – Part 1

The GIAS articulates how an effective internal audit function should operate. The concepts are outlined in Domain IV – Managing the Internal Audit Function. Domain IV provides the CAE a framework to establish the internal audit function. This session delves into the Standards and Principles related to Domain IV Principle 9 – Plan Strategically Standard 9.1 through 9.5. We will also provide practical applications necessary to create an effective internal audit function.

A value-oriented IA function will have an understanding of the GIAS and be able to articulate their importance to management. Absence acknowledgement of the Standards infers the group is a quality assurance function. That may be what the organization wants, but the differences should be made clear to management.

Other courses of this series are:
Managing the Internal Audit Function in Line with GIAS – Part 2
Managing the Internal Audit Function in Line with GIAS – Part 3