Internal Audit Committee

COMMITTEE ACTION PLAN

About the Internal Audit Committee

The Internal Audit Committee is comprised of members in industry or public practice, involved with:

• Leading, conducting or participating in the internal audit function at public or private companies;
• Advising or assisting chief audit executives and heads of the internal audit function;
• Developing governance standards for internal audit;
• Advising in the development of risk models to mitigate business risk;
• All other matters relating to the practice of internal audit.

What we do:

The Internal Audit Committee generally meets monthly to provide its members a forum to address and discuss technical matters and new developments, to plan educational activities and to provide networking opportunities.

The Committee will sponsor technical sessions (or conferences as appropriate) to keep members informed about developments affecting CPAs in the internal audit sphere and will feature prominent speakers from regulatory agencies (SEC, PCAOB, FASB, etc.) as well as from industry and public accounting firms and other professional organizations such as IIA and ISACA.

Other functions of the Committee include:

• Informing the internal audit world of ongoing developments, by authoring articles for publication in The CPA Journal and The Trusted Professional; and other publications
• Being available to members of the press for interviews on topics related to internal auditing.
• Being available to answer technical questions from state society members, relating to the practice of internal audit.
• Providing the opportunity to comment on exposure drafts for new standards, pronouncements or similar documents relating to internal audit.

Who should join:

CPA members in industry, public practice, academia, government, not-for-profit  as well as other non CPA members who are involved with internal auditing or related business, accounting and information system areas.