Institut für Interne Revision ÖSTERREICH

12. Juni 2024

The IIA has published a new tool to aid chief audit executives and their internal audit functions in implementing and preparing to conform with the new Global Internal Audit Standards by the effective date of January 9, 2025. The Conformance Readiness Assessment Tool identifies the significant changes between the requirements fo the 2017 IPPF and those of the 2024 Standards. When used in conjuntion with the results of past quality assessments, the tool enables a comparison betwen the internal audit function's current practices and the new requirements to evaluate and remedy gaps in conformance.