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The importance of the conference

Given the rapid advancements in the business and technology sectors, along with the crises that have recently impacted the world, affecting all professions including internal auditing, the Institute of Internal Auditors (IIA) has restructured the professional framework for internal auditing and updated the standards to reflect these changes. The new standards are expected to be officially released at the beginning of 2024, with implementation required one year after their official release.
Therefore, the importance of this conference is to discuss the new framework of standards and the significant updates made. The goal is to familiarize participants with these standards and develop the skills needed for their application when compliance becomes mandatory.

objectives

  • Familiarize participants with the new structure of internal audit standards issued by the Institute of Internal Auditors (IIA) and highlight the key developments
  • Engage participants in discussions on the principles of the second domain related to ethical and professional standards and enhance their skills in applying these principles.
  • Inform participants about amendments related to the principles of the third domain: Governance of the Internal Audit Function, and define the role of the Board of Directors in supporting and overseeing the internal audit function.
  • Equip participants with the principles of the fourth domain, which focuses on managing the internal audit function, and clarify the roles required of internal audit managers under the new standards.
  • Engage participants in discussions on the principles of the fifth domain: performing internal audit services, and inform them about the procedures for planning, executing, and communicating audit results, Enhance participants' skills in applying the new framework in internal audit management.

Target audiences

Audit Manager, Audit Manager Assistants and Lead Auditors.

Speakers

Agenda

Sunday - 03 / March / 2024

First Pillar: The New Framework for Standards and (Principles of the Second Domain) Ethical and Professional Guidelines.

Paper One: Structure of the New Standards, Domain1: The Purpose of Auditing
Paper Two: Domain 2: Ethics—Principles One, Three, and Four, and Their Standards
Paper Three: Domain 2: Ethics—Principles Two and Five, and Their Standards
Monday - 04 / March / 2024

Second Pillar: (Principles of Domain Three) Governance of the Internal Audit Function

Paper Four: Domain 3: Governance of Auditing - Principles Six and Seven and Their Standards
Paper Five: Domain 3: Governance of Auditing - Principle Eight and Its Standards
Paper Six: Domain 4: Audit Management—Principle Nine and Its Standards
Discussion Session on Paper Topics
Tuesday - 05 / March / 2024

Third Pillar: (Principles of Domain Four) Management of the Internal Audit Function

Paper Seven: Domain 4: Audit Management—Principle Ten and Its Standards
Paper Eight: Domain 4: Audit Management—Principle Eleven and Its Standards
Paper Nine: Domain 5: Audit Services—Principle Twelve and Its Standards
Discussion Session on Paper Topics
Wednesday - 06 / March / 2024

Pillar Four: (Principles of Domain Five) Performance of Internal Audit Services

Paper Ten: Domain 5: Audit Services—Principle Thirteen and Its Standards
Paper Eleven: Domain 5: Audit Services—Principle Fourteen and Its Standards
Paper Twelve: Domain 5: Audit Services—Principle Fifteen and Its Standards
Closing Session and Certificate Distribution

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