The Standards and Code of Ethics, both set by the IIA, include the mandatory requirements of the International Professional Practices Framework. All IIA members and Certified Internal Auditors are required to conform to the Standards and Code of Ethics.

Are internal audit Standards mandatory?

The Standards are mandatory requirements consisting of: Statements of basic requirements for the professional practice of internal auditing and for evaluating the effectiveness of its performance. The requirements are internationally applicable at organizational and individual levels.

What is the purpose of The IIA Standards?

The purpose of the Standards is to: Guide adherence with the mandatory elements of the International Professional Practices Framework. Provide a framework for performing and promoting a broad range of value-added internal auditing services. Establish the basis for the evaluation of internal audit performance.