Global Internal Audit Standards Training Course

The IIA Global Internal Audit Standards provide a globally recognized framework for internal audit governance, ethics, and performance, while regulators in Mauritius set sector-specific requirements for internal control and risk management. In practice, internal audit functions use the Standards to shape their charter, independence, risk-based planning, and reporting, then tailor their work to address detailed obligations established by local regulators and laws in sectors such as banking, insurance, and securities. This course helps participants interpret the Standards in a way that is consistent with both international best practice and local regulatory requirements.

Yes. A key focus of the course is translating the five domains of the Global Internal Audit Standards into concrete documents and processes, including revising the internal audit charter, audit methodology, and manuals. Participants work through examples of how to embed concepts such as organizational independence, risk-based engagement planning, and quality assurance into these documents so they can be adopted in their own organizations after the training.

The Global Internal Audit Standards emphasize a risk-based approach, meaning that cybersecurity, ESG reporting, and other emerging risks should be incorporated into both the audit universe and individual engagement plans where they are material. During the course, participants learn how to identify and prioritize these risks, build them into the risk assessment process, and design audit procedures that test both controls and data quality, while remaining consistent with the Standards’ requirements on competence, due professional care, and the use of technology.

A QAIP is the structured set of internal and external assessment activities that evaluates how well the internal audit function conforms to the Global Internal Audit Standards and where it can improve. It typically includes ongoing supervision and review, periodic internal assessments, defined performance metrics, stakeholder feedback mechanisms, and external assessments conducted at prescribed intervals. The course walks through what a proportionate QAIP looks like for different sizes and maturities of internal audit functions, providing templates and examples that participants can adapt to their organizations.

While the course is designed primarily around the Global Internal Audit Standards, it is highly relevant for risk and compliance professionals who interact closely with internal audit or have oversight roles. Understanding the Standards helps these professionals clarify roles and responsibilities, coordinate assurance activities, and ensure that risk and compliance frameworks are adequately covered in the audit universe and engagement plans. This shared understanding supports a more integrated, efficient assurance environment across the organization.