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Institute for Internal Auditors Issues French Standard

Announced by the Institute for Internal Auditors (“the Institute”), France has adopted a national standard for internal audit practices within the country’s government administration. Based on the Institute’s International Professional Practices Framework (“IPPF”), a globally recognized set of rules that helps audit professionals with internal auditing, the French standard features a formal code of ethics, and attribute and performance standards. Furthermore, there are plans to have the French standard part of a bigger framework containing both mandatory and non-mandatory audit guidance. With the inclusion of non-mandatory guidance in the two frameworks, it ensures internal audit rules are deemed suitable for any environment or situation.

For the news release on the French standard, visit the Institute’s website. Cherry Bekaert can also assist clients on Risk Advisory services.

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