Internal Audit

Question 1

Internal Standards for the Practice of Internal Auditing

Answer 1

is published by the Institute of Internal Auditors (IIA)

Question 2

Internal Standards for the Practice of Internal Auditing forms

Answer 2

the main part of the International Professional Practices Framework (IPPF)

Question 3

Authoritative guidance is divided into two catagories

Answer 3

1) Mandatory

2) Endorsed / Stronly recommended