Practices In Accordance With The New Global Standards- IAA Urges Public Internal Auditors

The Internal Audit Agency (IAA) has urged all Public sector Internal Auditors to ensure that their practices are in accordance with the new Global Internal Audit Standards.

This comes after a national adoption of the Global Internal Audit Standards which was released by the Institute of Internal Auditors.

“IAA has announced to all stakeholders, including Internal auditors, Heads of Internal Audit Units, and Audit Committees of public institutions, the release of the Standards by the IIASB, and the national adoption of same and new IPPF for Public Sector Internal Auditing in Ghana in accordance with the IAA Act 2003 (Act 658)”, this was contained in a statement signed by the Board Chairman, J.B. Winful on 22nd February.

“The standards should be referenced as Standards developed by the IIA Global, for application by internal auditors in professional practice across the world and in all sectors and nationally adopted for application by Internal Auditors in Ghana”, the statement said. 

In furtherance, the statement mentioned that the IAA would, in the coming days, collaborate with stakeholders to sensitize actors on the GIAS adoption and mainstreaming process.

“All Public sector Internal Auditors are encouraged to ensure that their practices are in accordance with the new GIAS”.

 

Find full statement below…