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Guide to Internal Audit

Guide to Internal AuditFrequently Asked Questions About Developing and Maintaining an Effective Internal Audit FunctionSecond EditioniGuide to Internal Audit | FAQsTable of ContentsIntroduction ..1 The Internal Audit Profession ..31. What is Internal auditing? ..32. How is the Internal Audit profession regulated? ..33. Is continuing professional education (CPE) required for Internal auditors? ..44. Are Internal auditors required to be certified? ..45. Are there professional standards that govern the practice of Internal auditing? ..46. Are Internal Audit functions required to follow The IIA Standards? ..57. What are The IIA Practice Advisories?

Oxley compliance have eased over the past few years. Companies have developed best practices gained from hard-earned experience – and consequently, have greater confidence than before to adopt such practices. And as a result, costs for Sarbanes-Oxley compliance have begun to fall. According to a recent survey by the Financial

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