Chartered Institute of Internal Auditors

The Chartered Institute of Internal Auditors was founded in 1948 and attained its Royal Charter in 2010. It represents internal auditors in the United Kingdom and Ireland and is affiliated to the Global Institute of Internal Auditors, based in the USA. It is also a member of the European Confederation of Institutes of Internal Auditors (ECIIA). It is the only professional membership body in the UK dedicated to Internal Audit.

Chartered Institute of Internal Auditors
AbbreviationChartered IIA
Formation1948 (1948) (chartered in 2010 (2010))
Legal statusNot-for-profit organisation
PurposeInternal audit and governance in the United Kingdom and Ireland
Location
Region served
United Kingdom and Ireland
Membership
10,000
Chief Executive
John Wood (interim)
Main organ
IIA Council
AffiliationsInstitute of Internal Auditors
Websiteiia.org.uk

Qualifications

The Chartered Institute of Internal Auditors is responsible for awarding Chartered Internal Auditor status. All members of the Institute of Internal Auditors worldwide, including members of the Chartered Institute of Internal Auditors in the UK and Ireland, follow common standards of practice, known as the International Professional Practices Framework (IPPF) and are bound by a code of ethics.

To become Chartered, internal auditors need to successfully complete the Certified Internal Auditor (CIA) qualification.

Once the CIA has been attained, Chartered status can be achieved by taking three case study exams and completing a professional experience journal.

Once chartered status has been achieved, members can use the designation CMIIA.

Membership of the Chartered IIA and use of the CMIIA designation requires members to maintain their skills and knowledge through continuing professional education.

Experienced internal auditors may be eligible to become Chartered without taking exams, via the chartered by experience route.

The Chartered IIA is currently supporting the development of an apprenticeship in internal audit to encourage more people to enter the profession.

See also

References

    This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.