Monday, August 4, 2014

IPPF Proposed Changes : A Real Change or A Cosmetic One ?

The IIA has released an exposure draft outlining proposed enhancements to the International Professional Practices Framework (IPPF). The last significant changes to the IPPF were in 2007.

Below is a summary of the proposed changes:

 

A quick review of the changes may indicate  it is  cosmetic in nature and did not add any meaningful change. In order to comment objectively on the proposed changes ,we have to study it in details .

Internal Auditors like to call themselves agents of change ! So did they manage to apply this to their own practices ? Only time will tell .

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