Regulatory frameworks and working practices differ across business sectors. These differences present a unique set of challenges for the internal auditor. Our programme of research helps us to understand these challenges and informs our policy work and guidance.
Over half of our members work in either financial services or the public sector and so we have concentrated our work in these sectors.
Banking, mutuals and other financial services
Since the launch of our FS code we have been monitoring how well businesses are implementing the code's recommendations. We regularly conduct research and produce guidance to support members working in this field.
Collaboration between the Chartered IIA, CIPFA and the relevant internal audit standard setters produced the first set of public sector internal audit standards (PSIAS) for the UK.