Understanding the International Professional Practices Framework (IPPF)

I. Introduction to Internal Audit:

● Definition and Role of Internal Audit

● Evolution of Internal Auditing

● Importance of Internal Audit in Organizations

II. Overview of the International Professional Practices Framework (IPPF):

● Introduction to IPPF

● Purpose and Objectives of IPPF

● The Framework Components:

III. The Definition of Internal Auditing

IV. The Code of Ethics:

V. International Standards for the Professional Practice of Internal Auditing (Standards):

● Attribute Standards:

- Purpose, Authority, and Responsibility

- Independence and Objectivity

- Proficiency and Due Professional Care

- Quality Assurance and Improvement Program

● Performance Standards:

- Managing the Internal Audit Activity

- Nature of Work

- Engagement Planning

- Performing the Engagement

- Communicating Results