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Governance in brief — IIA raises the bar on internal audit

Published on: 23 Jan 2020

The Institute of Internal Auditors is seeking to reinforce the role of the internal audit profession as a cornerstone of good corporate governance through the publication of this Internal Audit Code of Practice. This builds on earlier work developing a similar Code of Practice for financial services firms. The Code aims to be regarded as a benchmark of good practice against which organisations can assess their internal audit function.

This is a far reaching Code and will raise the bar for many organisations, both public and private, should they wish to comply with the Code

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