The Chartered Institute of Internal Auditors (Chartered IIA) has launched an enhanced Internal Audit Code of Practice, supported by the Institute of Chartered Accountants in England and Wales (ICAEW), aiming to improve corporate governance and address emerging risks across the UK and Ireland.
"As organisations confront an increasingly uncertain and dynamic risk landscape," said Anne Kiem OBE, Chief Executive of the Chartered IIA, “the new Internal Audit Code of Practice offers a crucial framework that will enhance the role of internal audit in advising and providing assurance to boards and senior management over their organisation's risks, controls and corporate governance processes.”
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