CIPFA releases draft statement of principles for internal audit

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:
moves to boost public service internal audit

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