Global Internal Audit Standards Training Course

The IIA Standards are professional requirements that set out how internal auditing should be organized and performed, while Vietnamese laws and regulations establish legal obligations for financial reporting, state capital management, and sector‑specific compliance. In practice, internal auditors in Viet Nam use the Standards as a framework to design their methodology and then test compliance with local legal and regulatory requirements within engagements. Aligning with the Standards helps demonstrate that the internal audit function is professionally robust when interacting with state inspectors, external auditors, and regulators.

Most existing internal audit charters will require at least some updates, because the new Standards provide more explicit expectations around purpose, authority, independence, reporting lines, and scope of internal audit. During the course, you will map your current charter against the domains and requirements of the Standards and identify gaps, such as clarifying functional reporting to the board or audit committee and unrestricted access to records, so you can propose a revised charter that your board can approve.

A Quality Assurance and Improvement Program does not have to be complex or expensive to meet the Standards. Small teams can start with an internal assessment plan that includes periodic file reviews, post‑engagement surveys of auditees, and an annual self‑assessment of conformance with the Standards, documenting results and actions. They can then plan for an external quality assessment at appropriate intervals, for example by engaging an independent reviewer or leveraging group‑level internal audit resources if they exist.

The new Standards emphasize risk‑based planning and the need for internal audit to consider technology, sustainability, and governance developments when assessing the audit universe. In Viet Nam, this means incorporating ESG reporting obligations, local data protection rules, and rapidly evolving cybersecurity threats into your risk assessment and engagement planning, and seeking additional expertise or tools where needed. Using the Standards’ guidance on competence and resources, internal audit can justify training, specialist recruitment, or co‑sourcing to cover these emerging areas effectively.

Yes. The Institute of Internal Auditors bases its major certifications, such as the Certified Internal Auditor (CIA), on the Global Internal Audit Standards, so working in a function that conforms to them provides a strong practical foundation for exam preparation and experience requirements. For Vietnamese professionals who want regional or international careers, being able to demonstrate that their methodology, charters, and QAIP align with the Standards is an advantage when dealing with multinational employers and foreign regulators.