PracticeAuditCIPFA releases draft statement of principles for internal audit

CIPFA releases draft statement of principles for internal audit

Accountng body seeks to provide clarity on internal audit role

An accounting industry body has released a draft statement of principles
aimed at raising the profile of internal auditors in public institutions.

The Chartered Institute of Public Finance and Accountancy (CIPFA) today
released a draft statement which aimes to provide clarity around the role of
internal audit.

Steve Freer, CIPFA Chief Executive said:

“The challenge for leaders and decision makers is not only to make cuts but
also to design and deliver a new, well managed organisation which retains the
capacity and capability to provide great services, albeit from a reduced
resource base.”

Further reading:
CIPFA
moves to boost public service internal audit

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