IPPF refers to the Institute of Internal Auditors' International Professional Practices Framework (IPPF). It organizes authoritative guidance issued by the IIA. The IPPF includes two sets of guidance: mandatory and recommended. The IIA frequently updates the IPPF to ensure that it is aligned with current business trends and practices. The last major update on IPPF was in 2015.
The Certified Internal Auditor exam tests knowledge and implementation of the IPPF in Parts 1 and 2 exams. Attribute standards are tested in Part 1 exam, while Performance standards are tested in Part 2.
Part 1 | |
Attribute Standards |
1000 - Purpose, Authority, and Responsibility |
1100 - Independence and Objectivity |
|
1200 - Proficiency and Due Professional Care |
|
1300 - Quality Assurance and Improvement Program |
Part 2 | |
Performance Standards |
2000 - Managing the Internal Audit Activity |
2100 - Nature of Work |
|
2200 - Engagement Planning |
|
2300 - Performing the Engagement |
|
2400 - Communicating Results |
|
2500 - Monitoring Progress |
|
2600 - Management’s Acceptance of Risks |
According to the IIA, the IPPF is changing to:
The International Standards for the Professional Practice of Internal Auditing will be renamed "Global Internal Audit StandardsTM”. The new name is much shorter and simpler.
The current IPPF includes 7 elements, 6 of these elements will be rearranged into 5 domains as follows:
Current IPPF | New IPPF |
1. Mission |
1. Purpose of Internal Auditing |
2. Definition |
|
3. Code of Ethics | 2. Ethics and Professionalism |
4. Core Principles 5. Standards 6. Implementation Guides |
3. Governing the Internal Audit Function 4. Managing the Internal Audit Function 5. Performing Internal Audit Services |
The 7th element, which is Practice Guides, will become independent of the standards.
In the new standards, each standard will include new sections describing the following:
The Mission of Internal Auditing and the Definition of Internal Auditing will be integrated into this new domain. In addition, this new domain will address how internal auditors contribute to serving the public interest within the organization.
The second domain of the new global internal audit standards will incorporate the following components: the Code of Ethics, standards addressing due professional care, professional skepticism, and continued professional development.
This new domain will clarify the board’s role in governing the internal audit function.
This domain will include new clarifications and requirements for the QAIP. Among the new requirements is that at least one reviewer should be a Certified Internal Auditor when conducting an external quality review.
The new standards will provide additional information to assist internal auditors working in the public sector.
The new standard-setting process, along with the new standards and purpose of internal auditing, will take public interest into consideration.
The new standards will define commonly used terms to provide clarity.
The CIA will not change before March 2025. The IIA will notify CIA candidates at least 1 year in advance about the changes becoming effective.
For candidates who, by the time the changes become effective, have passed one or two exams, there will be a transition period, which will allow them time to complete the program according to the current standards. Further details will be provided by the IIA once the standards are finalized.
The IIA updates the English version of the CIA exam first and then gradually updates other languages. The IIA usually issues a schedule that clarifies when changes will apply to each language.
No updates will be applied to the IAP (Internal Audit Practitioner) exam before July 2024.
Check this page regularly for updates on the changes to the IPPF.