CHICAGO, July 18, 2022 /PRNewswire/ -- During the first day of its annual International Conference, The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certification, education, research, and technical guidance worldwide – introduced two new global reports in front of an audience of roughly 1,500 internal audit professionals from around the world.

New Research Takes Global View of Internal Audit Profession

• The IIA debuted its 2022 Premier Global Study, Internal Audit: A Global View. The extensive report collected feedback from 3,600 internal audit professionals representing 159 international locations. The study shows regional differences within a diverse profession that is broadly involved in traditional activities like risk and fraud but also demonstrates that the profession is adding ever-increasing value to stakeholders through environmental and social issues, cybersecurity engagements, and other emerging and evolving issues.
• The results offer a snapshot of the global profession and demographic trends:
• 61% of internal audit functions in North America are funded sufficiently
• 80% of respondents from Africa and the Middle East are under age 50
• 64% of respondents from Europe under age 30 are female

IIA Partners with World Business Council for Sustainable Development (WBCSD) to Issue New Guidance on Embedding ESG and Sustainability Considerations in the Three Lines Model

• The IIA has partnered with the WBCSD on new guidance aimed at helping organization's future-proof their business.
• The paper, "Embedding ESG and Sustainability Considerations into the Three Lines Model," outlines key roles and responsibilities for the governing body, management, and internal audit to build structures and processes that support the achievement of business objectives to create and protect value for the organization.
• Recent actions by the Securities and Exchange Commission (SEC) and the creation of the new International Sustainability Standards Board (ISSB) underscore the importance of embedding material sustainability issues into business decision-making practices. It is also vital that governance mechanisms are in place to ensure effective oversight of risk management and controls.
• The insights in the paper are intended for corporate boards, C-suite representatives within large corporations, and senior management to provide information and understanding on the role of the respective lines in overseeing the effectiveness of risk management and internal audit processes.  

2022 Professional Achievement Award Recipients Announced

Also at the first day of the conference, The IIA awarded five Professional Achievement Awards, recognizing recipients from around the world who have excelled in research, education, publishing, advocacy, and other activities in the field of internal auditing and related professions. Click here for a full list of awards, recipients, bios and photos.

Victor Z. Brink Award for Distinguished Service

• W. Charles Johnson - Senior Manager, Forvis Enterprise Risk Solutions
• Doris Yi Hsin Wang - Chairman, Accounting Research and Development Foundation, Taiwan and Professor, Department of Accountancy, National Taipei University

Bradford Cadmus Memorial Award

• Lal Balkaran - Risk, Governance, and Internal Audit Consultant, LBA Consulting
• Brian Christensen - Executive Vice President, Global Managed Solutions and Collaboration, Protiviti

William G. Bishop III, CIA Lifetime Achievement Award

• Carman L. Lapointe – International Consultant. Former Under-Secretary-General for the United Nations Office of Internal Oversight Services

About The IIA
The Institute of Internal Auditors (IIA) is an international professional association that serves more than 215,000 global members and has awarded 180,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized as the internal audit profession's leader in standards, certification, education, research, and technical guidance throughout the world. For more information, visit https://www.theiia.org.

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SOURCE The Institute of Internal Auditors

IIA brings together more than 2,200 global internal audit leaders to discuss emerging risks and opportunities; focuses on cybersecurity, ESG, diversity and inclusion, artificial intelligence, and more

CHICAGO, July 21, 2022 /PRNewswire/ -- The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certification, education, research, and technical guidance worldwide – this week concluded its flagship 2022 International Conference and announced its new Global Board Chairman.

• The IIA announced Benito Ybarra as its 2022-2023 Chairman of the Global Board of Directors. Ybarra is Chief Audit and Compliance Officer for the Texas Department of Transportation and joins an extensive line of dedicated internal audit professionals from around the world who have served in this prestigious role.
• Ybarra's platform for the year is "One IIA: Building Trust Together" – a theme that seeks to unite the global internal audit profession, identify opportunities for collaboration, and tap into the power of more than 218,000 members joining together around common goals to advance the profession.
• Ybarra is a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), and Certified Compliance and Ethics Professional (CCEP) with more than 25 years of extensive audit, compliance, and investigation experience. Full bio and photos here.

"The opportunity to serve as The IIA's Global Board Chairman is a tremendous honor," said Ybarra. "I'm looking forward to ensuring each of our members feels connected to both our profession and The IIA. That feeling of connection is so important to fulfilling the promise of One IIA and tapping into the power of our diverse membership. I want each member, no matter where they live or where they are in their career, to understand they have a place in The IIA and know that we're working every day to advance their profession and ensure organizations understand the ever-increasing value internal auditors add. The IIA has an exciting vision for the future that includes elevating the organization and profession's influence, and impact, and I'm looking forward to being part of bringing that vision to life."

"Benito has tremendous experience in both the public and private sector and has contributed so much to our profession throughout his career," said Anthony Pugliese, CIA, CPA, CGMA, CITP, president and CEO of The IIA. "His energy and charisma deliver him the ability to inspire and bring people together in a really remarkable way. His vision and commitment to One IIA are going to help drive us forward as an organization and a profession. Benito will be a tremendous ambassador for The IIA and the global internal audit profession."

The 2022 IIA International Conference was attended by more than 2,200 professionals from over 100 countries.

Attendees included internal audit practitioners, educators, public administrators, risk managers, compliance professionals, manufacturers, and others representing varying levels of government, the private sector, commerce, and industry. The agenda included focus areas like compliance, risk, fraud, and governance, timely business issues like environmental and social issues, diversity and inclusion, cybersecurity, and emerging Topics like artificial intelligence and data analytics, all of which are important issues within the internal auditor's scope.

The Institute of Internal Auditors (IIA) is an international professional association that serves more than 218,000 global members and has awarded 180,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized as the internal audit profession's leader in standards, certification, education, research, and technical guidance throughout the world. For more information, visit https://www.theiia.org.

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SOURCE The Institute of Internal Auditors

CHICAGO, July 18, 2022 /PRNewswire/ -- During the first day of its annual International Conference, The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certification, education, research, and technical guidance worldwide – introduced two new global reports in front of an audience of roughly 1,500 internal audit professionals from around the world.

New Research Takes Global View of Internal Audit Profession

• The IIA debuted its 2022 Premier Global Study, Internal Audit: A Global View. The extensive report collected feedback from 3,600 internal audit professionals representing 159 international locations. The study shows regional differences within a diverse profession that is broadly involved in traditional activities like risk and fraud but also demonstrates that the profession is adding ever-increasing value to stakeholders through environmental and social issues, cybersecurity engagements, and other emerging and evolving issues.
• The results offer a snapshot of the global profession and demographic trends:
• 61% of internal audit functions in North America are funded sufficiently
• 80% of respondents from Africa and the Middle East are under age 50
• 64% of respondents from Europe under age 30 are female

IIA Partners with World Business Council for Sustainable Development (WBCSD) to Issue New Guidance on Embedding ESG and Sustainability Considerations in the Three Lines Model

• The IIA has partnered with the WBCSD on new guidance aimed at helping organization's future-proof their business.
• The paper, "Embedding ESG and Sustainability Considerations into the Three Lines Model," outlines key roles and responsibilities for the governing body, management, and internal audit to build structures and processes that support the achievement of business objectives to create and protect value for the organization.
• Recent actions by the Securities and Exchange Commission (SEC) and the creation of the new International Sustainability Standards Board (ISSB) underscore the importance of embedding material sustainability issues into business decision-making practices. It is also vital that governance mechanisms are in place to ensure effective oversight of risk management and controls.
• The insights in the paper are intended for corporate boards, C-suite representatives within large corporations, and senior management to provide information and understanding on the role of the respective lines in overseeing the effectiveness of risk management and internal audit processes.  

2022 Professional Achievement Award Recipients Announced

Also at the first day of the conference, The IIA awarded five Professional Achievement Awards, recognizing recipients from around the world who have excelled in research, education, publishing, advocacy, and other activities in the field of internal auditing and related professions. Click here for a full list of awards, recipients, bios and photos.

Victor Z. Brink Award for Distinguished Service

• W. Charles Johnson - Senior Manager, Forvis Enterprise Risk Solutions
• Doris Yi Hsin Wang - Chairman, Accounting Research and Development Foundation, Taiwan and Professor, Department of Accountancy, National Taipei University

Bradford Cadmus Memorial Award

• Lal Balkaran - Risk, Governance, and Internal Audit Consultant, LBA Consulting
• Brian Christensen - Executive Vice President, Global Managed Solutions and Collaboration, Protiviti

William G. Bishop III, CIA Lifetime Achievement Award

• Carman L. Lapointe – International Consultant. Former Under-Secretary-General for the United Nations Office of Internal Oversight Services

About The IIA
The Institute of Internal Auditors (IIA) is an international professional association that serves more than 215,000 global members and has awarded 180,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized as the internal audit profession's leader in standards, certification, education, research, and technical guidance throughout the world. For more information, visit https://www.theiia.org.

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SOURCE The Institute of Internal Auditors