Applying the 2024 IPPF & Global Internal Audit Standards (GIAS)

The internal audit profession is undergoing its most significant transformation in decades with the introduction of the groundbreaking 2024 Global Internal Audit Standards. This comprehensive course provides an essential deep dive into the newly enhanced International Professional Practices Framework and the revolutionary GIAS requirements that are reshaping the future of internal auditing worldwide. We will explore the fundamental structural changes from the Three Lines Model to the new Five Domains framework examining how these changes impact audit methodology governance relationships and value delivery to stakeholders. Participants will gain practical insights into implementing the updated standards across all aspects of the internal audit function from strategic planning and resource management to execution and communication. The course emphasizes real-world application through case studies and interactive exercises enabling audit leaders and practitioners to bridge the gap between theoretical requirements and practical implementation. This program is crucial for internal audit professionals seeking to ensure compliance enhance audit quality and position their functions as strategic partners in organizational governance and risk management during this historic transition period.

This course is essential for internal audit professionals and governance specialists. The ideal participants include Chief Audit Executives Internal Audit Directors Audit Managers Senior Internal Auditors and Compliance Officers. It is also highly valuable for audit committee members and risk management professionals who need to understand the new standards' implications.

• Ensure timely compliance with new global internal audit standards

• Enhance internal audit function quality and effectiveness

• Strengthen organizational governance and risk management frameworks

• Improve stakeholder confidence through standards-compliant auditing

• Position internal audit as a strategic value-adding function

• Standardize audit methodologies across the organization

• Develop cutting-edge expertise in the latest internal audit standards

• Enhance professional credibility and career advancement opportunities

• Gain practical skills for implementing the new framework effectively

• Increase ability to provide strategic value to the organization

• Learn to navigate the transition period with confidence

• Build professional network with peers facing similar implementation challenges

Duration: 5 days
Format: Classroom / Online / Blended