With the Internal Audit Ambition Model (IA AM) you can not only visualize the current quality level of your Internal Audit Function (IAF), but also determine your ambition level to further professionalize your IAF. The IA AM provides levels of ambition and concrete good practices that can serve as guidance for the CAE wanting more than just meeting the professional Standards.
Earlier versions of the IA AM tool were Excel based. The new online tool offers the same content, but is more user-friendly. The tool is easier to fill in and saves your answers automatically. In addition, with enough users, the online IA AM tool offers an ongoing benchmark feature. You can compare your IAF with IAF’s of the same: size, industry, country and/or duration of existence.
The Internal Audit Ambition Model focuses on Chief Audit Executives (CAE), since the benchmark feature should not get double information about the same organization. The CAE can ofcourse delegate the use of the tool to one of the auditors of the IAF, but only the CAE can apply to use the IA AM online tool.