Call for nominations (IIA Global Committees 2015-2016)
The IIA-Australia Nominations Committee draws your attention to the call for nominations for IIA Global committees. Click here
for more information.
Recently, IIA-Australia sought guidance from ASIC on complying with the breach reporting obligations in section 912D of the Corporations Act 2001. ASIC intends to publish the correspondence on its website for the assistance of all AFS licensees. The letter from IIA-Australia and response from ASIC can be found here
IPPF – Proposed Enhancements
The IIA has issued a consultation paper on proposed enhancements to the IPPF
. The last significant changes to the IPPF, known to some practitioners as “the Red Book,” were in 2007. Your comments are requested. A survey is available
for you to complete.
ASX Corporate Governance Council acknowledges need for Internal Audit
The Institute of Internal Auditors – Australia is very pleased to inform all IIA-Australia members of the launch of the Third Edition of the ASX Corporate Governance Council Guidelines and Recommendations for listed entities. Specifically, we would like to draw your attention to the new recommendation 7.3 which highlights the need for internal audit functions for listed organisations. Click here
for more information.
Benchmarking Report 2014
For the past six years, the Institute of Internal Auditors – Australia (IIA-Australia) and Protiviti have conducted comprehensive surveys of the internal audit profession to identify trends and developments. In 2014, our research continues to explore the fundamental themes of internal audit independence, value and service quality.
The 2014 study is based on the combined results of a quantitative survey of approximately 70 Audit Committee Members, with the added depth of qualitative feedback gained through holding separate roundtable discussions with select Audit Committee Chairs. Click here to read the Benchmarking Report 2014
. COSO Releases New Thought Leader Paper
Improving Organizational Performance and Governance: How the COSO Frameworks Can Help, has been developed to illustrate how the enterprise risk management (ERM) and internal control frameworks can contribute to enhancing organizational performance and governance for sustainable success. More……