We’ve Always Got Your Back
The IIA is always engaging with regulators and oversight bodies, and we’re always doing what’s in the best interest of the internal audit profession.
Responses to Regulators and Oversight Bodies
When it comes to decisions and legislation that have the potential to impact the profession of internal auditing, we’re on the front lines. The IIA is proud to interact with regulators, oversight bodies, standard setters, policy makers, legislators, thought leaders, and others on your behalf.
As described in The IIA Board Policy Manual, official statements on behalf of The IIA are designated by the Board of Directors. The Chairman of the Board and/or the President and CEO serve as spokespersons on all issues pertinent to the profession of internal auditing. For specific purposes, this responsibility may be delegated to other members or to staff.
The process of preparing and writing responses to other organizations is governed by a due diligence process described on The IIA website. See Structure and Processes for responses.
Take a look at The IIA’s responses to exposure drafts and requests for comment from other organizations below.
2022
| Date | Organization | Response |
|---|---|---|
| 31-Jan-2022 | IAASB | Letter to the International Accounting and Auditing Standards Board regarding the role of internal audit in audits of financial statements of less complex entities. |