Professional Practices Framework
The Professional Practices Framework, developed and maintained by The IIA, offers practitioners a full range of internal audit guidance. A new version of the framework was approved by IIA's Board of Directors in July 2007. This new framework, renamed International Professional Practices Framework, consists of the following categories of guidance:
MANDATORY GUIDANCE
Mandatory guidance that has been submitted for review by the profession through the exposure draft process and considered to be essential to the professional practice of internal auditing.
STRONGLY RECOMMENDED GUIDANCE
Position Papers
IIA statements to assist a wide range of interested parties, including those not in the internal audit profession, in understanding significant governance, risk or control issues and delineating the related roles and responsibilities of the internal audit profession.
Practice Advisories
Concise and timely guidance to assist internal auditors in applying Code of Ethics and Standards and promoting good practices. Includes practices relating to: international, country, or industry-specific; specific types of engagements; and legal or regulatory issues. Address approach, methodology and consideration, but not detailed processes and procedures.
Practice Guides
Detailed guidance for conducting internal audit activities. This includes detailed processes and procedures, such as tools and techniques, programs, and step-by-step approaches, including examples of deliverables.
