Registrations for this combined IIA NZ / IoD event are now closed. Thank you to those who registered.

Governing the Internal Audit Function - Implications for Boards from new Global Internal Audit Standards

Event Overview:

New Global Internal Audit Standards from the Institute of Internal Auditors (IIA) introduced significant governance requirements under Domain III - Governing the Internal Audit Function. The key governance requirements now include requirements that the internal audit charter, mandate, resource plan, and budget must be approved by the Board/Audit Committee, that Internal audit be positioned independently that the Audit Committee must understand its role in supporting and overseeing the internal audit function.

The new Standards place a strong emphasis on Board/Audit Committee oversight, independence, and empowerment of the internal audit function through formal governance mechanisms.

Join us at this joint IOD and IIA NZ event for a panel discussion exploring the implications of the new Global IA Standard on governing the Internal Audit Function and its significance for New Zealand Boards. The discussion will delve into the practical implications of these principles and provide valuable insights into fostering effective board interaction and collaboration.

Event Information:

• Date: Tuesday 27 August 2024
• Delivery Method: Online - Teams Meeting
• Time: 3:00 - 4:00 pm
• Duration: 1 Hour

Panelists:

• IoD: Guy Beatson and Kirsten Patterson
• IIA NZ: Brian Robb and Tee Chow Lee

Facilitator: Will Dougherty, PwC

Agenda:

• Introduction to the New Global IA Standard: Principles 6 and 8
• Understanding the Impact on NZ Boards
• Strategies for Efficient Board Interaction
• Q&A Session

Registrations:

Please register via IIA NZ website or email events@iianz.org.nz to secure your spot at this insightful panel discussion. IIA NZ and IoD Members only, FREE. Non members $25.00 pp + GST.

We look forward to your participation in this engaging event aimed at enhancing governance practices and fostering collaboration between internal audit functions and boards.