Internal audit leadership

Leadership of the internal audit function requires courage, innovation and resilience. All internal auditors have a responsibility to support leaders by applying the IPPF, championing new ideas and promoting the profession.

The guidance and resources on this page should be considered as a start point to your learning journey.

IPPF links | GuidanceAdditional resources | Relevant position papers 

Audit charterAudit strategyCoordination and integrated assuranceEstablishing a function | Innovation 
QAIP and performance management | Reporting | ResourcingRisk-based audit planning | Small functions 


Main IPPF links

Core principles 

1. Demonstrates integrity.
2. Demonstrates competence and due professional care.
3. Is objective and free from undue influence (independent).
4. Aligns with the strategies, objectives, and risks of the organization.
5. Is appropriately positioned and adequately resourced.
6. Demonstrates quality and continuous improvement.
7.Communicates effectively.
8. Provides risk-based assurance.
9. Is insightful, proactive, and future-focused.
10. mPromotes organisational improvement.

 Core principles

1000 Purpose, Authority and Responsibility  Implementation guidance
1010 Recognising mandatory guidance in the internal audit charter  Implementation guidance
1300 Quality Assurance and Improvement Programme (QAIP)  Implementation guidance
2000 series Managing the internal audit activity  Implementation guidance

Guidance 

Audit Charter (1000, 1010) 

Chartered IIA
Model audit committee charter Internal audit charter Operational responsibilities
How internal audit works with the audit committee  
IIA Global 
Appoint, perform and evaluate Model internal audit activity charter  Independence and objectivity

Audit strategy (best practice)

Chartered IIA
Preparing an internal audit strategy Writing an internal audit strategy
Internal audit manual Internal audit document retention Internal audit risk register
IIA Global 
Demonstrating the core principles The role of IA in ERM Roles in organisational governance

Coordination and integrated assurance (2050)

Chartered IIA
Mapping assurance AAP - role of internal audit How to facilitate creation of AAP
Coordination of assurance services Risk management and IA Working with stakeholders
IA's relationship with regulators Dealing with regulators
IIA Global 
Developing an assurance map Risk management and assurance IA and the second line of defense
IA and other assurance providers

Establishing a function

Chartered IIA
When to establish IA activity? How to set up a new IA activity Models of effective internal audit
Global audit portfolio  

Innovation and developing a function

Chartered IIA
Agile internal audit
Raising the profile of internal audit Using IA software Future proofing internal audit 
Impact of digitisation on IA Lean auditing Continuous auditing
IIA Global 
Agility and innovation Agile internal audit Integrating a data-driven approach
Internal audit in the age of disruption Audit team transformation Approaches to IA upskilling
Remote auditing  

QAIP and performance management (1300)

Chartered IIA
Quality and improvement IA performance management Quality and international standards
CAE performance appraisal CAE independence assessment  
Quality and internal audit Conduct culture of an IA function External quality assessments
Improving audit efficiency Why audits take longer IAs accepting gifts and hospitality
Audit methodology Supervising an audit engagement File review
IIA Global 
Measuring internal audit effectiveness and efficiency  

Reporting (2060)

Chartered IIA
Preparing for your annual internal audit opinion How internal audit works with the audit committee 
Internal audit in non-financial and integrated reporting Integrated reporting
IIA Global 
Formulating and expressing IA opinions Interaction with the board

Resourcing internal audit (2030)

Chartered IIA
Developing audit competencies  Managing a dispersed team Secondments
Training and development  
IIA Global 
IPPF for professional services The role of IA in resourcing Optimising talent management

Risk-based audit planning (2010)

Chartered IIA
Annual IA coverage plans Production of the audit plan Risk maturity assessment
Audit universe IT audit universe Risk and prioritisation of IA work
Effective risk based internal audit Risk based internal auditing Benefits and drawbacks of RBIA
Glossary of RBIA terminology  
IIA Global 
Developing a risk based IA audit plan Internal audit's role in ESG reporting

Small internal audit functions

Chartered IIA
Assisting small internal audit activities Ensuring quality in the smallest IA activities​
IIA Global 
Assisting small internal audit activities
IIA Netherlands  
Analytics: good practices for (smaller) internal audit functions

Additional resources 

Codes of practice | Sector specific and applicable in the UK 

Harnessing the power of internal audit | Demonstrating the value of internal audit to an organisation

Board briefings | Coverage of broad topics designed for audit committees and internal auditors

Need help to find what you are looking for? ask the resources team


Chartered IIA Position Papers

The functional relationship between audit committee chairs and chief audit executives
Risk management and internal audit | A combined function
Internal audit’s relationship with external audit
Internal audit and whistleblowing
The rotation of heads of audit

Content reviewed: 28 February 2022