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Why do internal audit standards matter? 💡 Internal audits strengthen an organization’s ability to create, protect, and sustain value by providing its board and management with risk-based and objective assurance and insight. The standards for defining, governing, and supporting these internal audits are crucial to ensure maximum value for organizations and their stakeholders. 🔔 Stay tuned: Next week, we will highlight a few key changes from the previous 2017 International Standards for the Professional Practice of Internal Auditing to the latest 2024 Global Internal Audit Standard shared by The Institute of Internal Auditors Inc.. The new standards were released January 9, 2024 and will become effective January 9, 2025. #TheIIA #InternalAudit #Standards #IA #Audit #AtlantixPartners
