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The Institute of Internal Auditors (IIA) is an international professional association. The IIA provides educational conferences and develops standards, guidance, and certifications for the internal audit profession.
History
Established in 1941, the IIA serves more than 230,000 members from nearly 200 countries and territories. The IIA’s global headquarters are in Lake Mary, FL, United States. Anthony Pugliese is the President and CEO of the organization.
Professional certification
The Certified Internal Auditor (CIA) is the primary professional designation offered by The IIA. The CIA certification is a globally recognized designation by which internal auditors demonstrate their competency and professionalism in the internal audit field.
In order to become a CIA, candidates must pass all three parts of the CIA exam as well as meet certain educational and professional experience requirements stipulated by The IIA. The IIA also offers the CIA certification through a one-part exam, called the CIA Challenge Exam,[10] for those who meet specific criteria.
Growing with the profession
In 2023, The IIA introduced the newly titled Global Internal Audit Standards as a revamp of the International Standards for the Professional Practice of Internal Auditing designed to ensure that the profession and its practitioners a maintain relevance in an evolving global landscape. Stakeholders from around the world provided comments on the proposed update, which will be available in over 20 languages, with the finalized version released in 2024, with an effective date 12 months after the release date.
Other initiatives
Internal Audit Foundation
The Internal Audit Foundation a 501(c)(3) not-for-profit entity, is an essential global resource for advancing the internal audit profession. Foundation-funded research provides internal audit practitioners and their stakeholders insight into emerging topics and promotes and advances the value of the internal audit profession globally. Through its Academic Fund, the Foundation supports the profession’s future by providing grants to students and educators participating in The Institute of Internal Auditor’s Internal Auditing Education Partnership Program.