Supporting document to communicate the value of internal audit

Effective governance requires independent internal audit.

Internal audit must be objective, competent, independent, and trusted.

The IIA Global Advocacy Platform supports the advocacy of the internal audit profession. Advocacy is important and necessary to ensure a clear and consistent understanding of the value internal auditing provides around the world, enabling internal auditors to maximize their contribution to governance and organizational success.

Internal audit is indispensable to governance, as The IIA’s Three Lines Model confirms. The focus of advocacy and The IIA’s 2030 vision for the profession is that internal audit be recognized as such by the year 2030. To that end, this document comprises core messages, to be used by advocates, highlighting the nature and value of internal audit, and how it is objective, competent, independent, and trusted. The messages are complemented by more expansive statements describing the contribution of internal audit to governance and risk management which address these questions:

• What is governance and why is it needed?
• How is internal audit indispensable to governance?
• How does internal audit contribute to organizational success?
• What is needed for internal audit to be successful?
• What does it mean for internal audit to be independent and objective?

Download the supporting document here as a communication tool for your stakeholders.