Royal Charters are granted by the Sovereign on the advice of the Privy Council. Originally, a Royal Charter was the only way to incorporate a company. Today, new Charters are normally reserved for bodies that work in the public interest (such as professional institutions and charities) and which demonstrate pre-eminence, stability and permanence in their particular field.
Visit the Privy Council Office website for further information about Royal Charters.
The Institute’s Charter (click the picture below to view a larger picture)
The Chartered Institute of Internal Auditors will exist to :
“..To promote and develop the profession of Internal Auditing and to foster and maintain investigations and research into the best means and methods of developing and applying such a profession and to encourage, increase, disseminate and promote knowledge, education and training, standard setting and the exchange of information and ideas in respect of all questions relating thereto or connected therewith.” Extract from the Institute’s Royal Charter with effect from October 1st, 2010