July 2026

linkedin.com · Curated 2 weeks ago

The IIA's New Three Lines Model: A Critical Look at Implementation Challenges

Alexandre Orasianu's LinkedIn post discusses the IIA's New Three Lines Model, prompting a critical conversation about its practical application. Commenters highlight the unique, often under-resourced, position of the second line of defense and the challenges in funding safeguards where responsibilities overlap. The discussion moves beyond simply celebrating the model to examining its real-world effectiveness and potential pitfalls.

IIA & Standards · Global Read more

lnkd.in · Curated 2 weeks ago

The IIA's 2026 Three Lines Model Update: A Critical Review of Its Strengths and Blind Spots

The IIA's 2026 update to the Three Lines Model aims to align with new Global Internal Audit Standards and reorient towards board-level concerns regarding assurance and advice. While the update commendably acknowledges the practical overlaps and resource constraints faced by organizations, it introduces a significant blind spot: the financial burden of maintaining independence in smaller structures. The article critically examines how the model's safeguards, though theoretically sound, become unworkable for entities with limited budgets, highlighting a paradox where the solution assumes away the very problem it seeks to address.

IIA & Standards · Global Read more

June 2026

theiia.org · Curated 2 months ago

IIA Opens Public Comment Period for New Anti-Corruption Topical Requirement

The Institute of Internal Auditors (IIA) has initiated a 45-day public consultation period for its new Anti-Corruption Topical Requirement, which will be mandatory for internal auditors providing assurance on anti-corruption programs. This new standard, part of the International Professional Practices Framework (IPPF), aims to provide clear guidance on evaluating the effectiveness of anti-corruption policies, training, and whistleblower mechanisms. Feedback is encouraged through a survey or email by July 23, 2026, to inform the final publication.

IIA & Standards · Global Read more

May 2026

prnewswire.com · Curated 3 months ago

The IIA Advocates for SOX Modernization to Enhance Investor Protection and Efficiency

The Institute of Internal Auditors (IIA) has issued a public policy paper proposing updates to the Sarbanes-Oxley Act (SOX). These recommendations aim to bolster investor safeguards and streamline operational efficiency by better integrating the internal audit profession into the SOX framework. The IIA emphasizes the need for SOX to evolve with the changing risk landscape, reducing compliance burdens while maintaining market integrity.

IIA & Standards · North America Read more

prnewswire.com · Curated 3 months ago

IIA Urges Stronger Governance, Internal Controls, and Independent Audit for Prediction Markets

The Institute of Internal Auditors (IIA) has called on U.S. policymakers and regulators to implement robust governance, internal controls, and independent internal audit requirements for the burgeoning prediction market industry. In letters to the CFTC and Congressional leadership, the IIA highlighted risks such as insider trading and market manipulation, advocating for frameworks that ensure consistent testing and enforcement of controls through independent assurance. This initiative aims to safeguard public trust and align prediction markets with established financial market standards.

IIA & Standards · North America Read more

internalauditor.theiia.org · Curated 3 months ago

Jedi ERM: What Star Wars Can Teach Internal Auditors About Risk Management

This article draws parallels between internal auditors and the Jedi from Star Wars, highlighting their shared roles in problem-solving and providing trusted advice. However, it humorously points out the Jedi's significant failings in enterprise risk management (ERM), particularly their inability to detect and prevent major threats. The author uses these fictional shortcomings to underscore the critical importance of robust ERM and maintaining auditor independence in real-world organizations.

IIA & Standards · Global Read more

internalauditor.theiia.org · Curated 3 months ago

Overcoming Barriers to Auditing Organizational Strategy

Internal audit teams often shy away from auditing organizational strategy due to perceived difficulties, including intuition-driven leadership, delicate board dynamics, and rapidly evolving strategic risks. However, this article argues that auditing strategy is one of the most valuable contributions internal audit can make, helping organizations ensure their long-term plans are realistic and well-governed. The author suggests a 'one bite at a time' approach, breaking down strategy audits into manageable components over time.

IIA & Standards · Global Read more

internalauditor.theiia.org · Curated 3 months ago

Working With Internal Auditors: Tips for Audit Clients

This article offers practical advice for audit clients on how to effectively interact with internal auditors, emphasizing transparency, understanding the audit process, and maintaining professionalism. It provides a clear list of 'Dos' and 'Don'ts' to foster a smoother and more productive audit experience for both parties. The author stresses that internal auditors and clients are ultimately on the same team, working towards organizational improvement.

IIA & Standards · Global Read more

theiia.org · Curated 3 months ago

IIA Launches Global Internal Audit Awareness Month 2026 Campaign

The Institute of Internal Auditors (IIA) is organizing a global campaign for Internal Audit Awareness Month in May 2026, in partnership with IIA–Netherlands. This initiative aims to unite over 260,000 members worldwide to highlight the critical role internal auditors play in organizational effectiveness and objective achievement. The campaign encourages active participation through social media and provides a toolkit for members to promote the profession.

IIA & Standards · Global Read more

April 2026

theiia.org · Curated 4 months ago

The IIA Issues Statement on White House National AI Legislative Framework, Emphasizing Governance and Assurance

The Institute of Internal Auditors (IIA) has released a statement in response to the White House's National Artificial Intelligence Legislative Framework, commending it as a significant step for U.S. AI policy. The IIA advocates for the integration of robust governance and assurance mechanisms within future AI legislation, highlighting the crucial role of internal audit professionals in ensuring transparency, accountability, and integrity in AI systems. They express eagerness to collaborate with policymakers to embed these critical processes.

IIA & Standards · North America Read more