The ACFE, AICPA, and IIA have released an exposure draft of a joint project regarding guidance to organizations on establishing an approach to managing the risk of fraud. The paper will be open for comment through December 21, 2007.
The IIA has updated Practice Advisory 2030-1: Resource Management. The update expands the previous Practice Advisory and provides further clarity on resource management.
The IIA Research Foundation condected a survey titled Ëxternal Quality Assessment to identify the results, tools, techniques and lessons learned from organizations, which had recently undergone the exerternal Quality Assessment according IIA Standard 1312.
The IIA has amended four Practice Advisories to provide clarity on developing and maintaining a quality assessment program of internal audit activities.