The Institute of Internal Auditors Public Sector Updates Rob Newsome INTOSAI Professional Standards Committee Meeting May 29-31 2012, Johannesburg, South Africa www.theiia.org 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) www.theiia/guidance/ippf.org 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 www.theiia/guidance/ippf.org IIA Volunteer Organization Over 165,000 MEMBERS IN MORE THAN 165 COUNTRIES NORTH AMERICAN BOARD BOARD OF DIRECTORS (MEMBERS-RESEARCH FOUNDATION) Canadian Council Chapter Relations Publications Advisory Professional Conference Professional Seminar Regional Conference Committee Staff Liaison: K. Mayeux RESEARCH FOUNDATION Vice Chairman (President, RF) Board of Trustees Committee of Research & Education Advisors VICE CHAIRMAN – FINANCE Global Finance Committee Investment Committee Executive Committee (10) NA Directors (10) Institute Directors (10) Directors at Large (6) Chairman, Audit Committee (1) IIA President & CEO (1) GLOBAL COUNCIL GLOBAL NOMINATING COMMITTEE AUDIT COMMITTEE IPPF OVERSIGHT COUNCIL EXECUTIVE COMMITTEE Chairman of the Board Senior Vice Chairman Vice Chairmen (5)* Secretary Past Chairmen (2) PROFESSIONAL CERTIFICATIONS ADVISORY COUNCIL Professional Certifications Board Exam Development GLOBAL SERVICES ADVISORY COUNCIL Institute Relations International Conference SENIOR VICE CHAIRMAN Global Advocacy Ethics IAAAF/Academic Relations PROFESSIONAL GUIDANCE ADVISORY COUNCIL Internal Audit Standards Board Professional Issues Committee Public Sector Committee *VC-Global Services, VC-Professional Guidance, VC-Professional Certifications, VC-Research, VC-Finance www.theiia/guidance/ippf.org 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 www.theiia/guidance/ippf.org 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) www.theiia/guidance/ippf.org 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) www.theiia/guidance/ippf.org 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 www.theiia/guidance/ippf.org QUESTIONS www.theiia/guidance/ippf.org