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The Institute of Internal Auditors Public Sector Updates. Rob Newsome INTOSAI Professional Standards Committee Meeting May 29-31 2012, Johannesburg, South Africa. Introduction. Rob Newsome Public Sector Needs Training Guidance Low cost continuing professional education
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The Institute of Internal Auditors Public Sector Updates Rob Newsome INTOSAI Professional Standards Committee Meeting May 29-31 2012, Johannesburg, South Africa
Introduction • Rob Newsome • Public Sector Needs • Training • Guidance • Low cost continuing professional education • Public Sector Challenges • Reduction in budgets • Reduction in resources (workforce, training, tools)
Public Sector Standards and Guidance • Professional Guidance Advisory Council • Review and approve all guidance before issued to ensure public sector and other interests are incorporated • Members include: • International Internal Auditors Standards Board (IIASB) Chairman • Public Sector Committee (PSC) Chairman has been recently added • Professional Issues Committee (PIC) Chairman
IIA Volunteer Organization Over 165,000 MEMBERS IN MORE THAN 165 COUNTRIES NORTH AMERICAN BOARD Canadian Council Chapter Relations Publications Advisory Professional Conference Professional Seminar Regional Conference Committee Staff Liaison: K. Mayeux GLOBAL NOMINATING COMMITTEE BOARD OF DIRECTORS (MEMBERS-RESEARCH FOUNDATION) Executive Committee (10) NA Directors (10) Institute Directors (10) Directors at Large (6) Chairman, Audit Committee (1) IIA President & CEO (1) GLOBAL COUNCIL AUDIT COMMITTEE IPPF OVERSIGHT COUNCIL RESEARCH FOUNDATION Vice Chairman (President, RF) Board of Trustees Committee of Research & Education Advisors EXECUTIVE COMMITTEE Chairman of the Board Senior Vice Chairman Vice Chairmen (5)* Secretary Past Chairmen (2) SENIOR VICE CHAIRMAN Global Advocacy Ethics IAAAF/Academic Relations PROFESSIONAL GUIDANCE ADVISORY COUNCIL Internal Audit Standards Board Professional Issues Committee Public Sector Committee GLOBAL SERVICES ADVISORY COUNCIL Institute Relations International Conference PROFESSIONAL CERTIFICATIONS ADVISORY COUNCIL Professional Certifications Board Exam Development VICE CHAIRMAN – FINANCE Global Finance Committee Investment Committee *VC-Global Services, VC-Professional Guidance, VC-Professional Certifications, VC-Research, VC-Finance
Public Sector Standards and Guidance • New Supplemental Guidance (Completed) • Update: The Role of Auditing in Public Sector Governance • Definition of Public Sector • Value of Internal Audit and the Internal Audit Capability Model – Public Sector • Implementing a New Internal Audit Function in the Public Sector
Public Sector Standards and Guidance • New Supplemental Guidance (In Progress) • Optimization of Internal Audit in the Public Sector (Q2 2012) • Model Legislation (Q3 2012) • Update: Government Audit Standards and IPPF – A Comparison (Q2 2012) • Transparency in Public Sector Reporting (Q4 2012)
Public Sector Standards and Guidance • New Practice Guides (In Progress) • How to Build a Strategic Competency Plan in the Public Sector (Q1 2013) • IPPF Public Sector Review (Q2 2013)
Public Sector Standards and Guidance • Other Projects • 2012 Public Sector Forum (Q3 2012) • GRC Forum/Roundtable on Unique Challenges for Internal Auditors in the Public Sector (Q3 2012) • Exposure Drafts • INTOSAI Standard ISSAI Performance Auditing