APPENDIX A

Global Internal Audit Standards – Content List

· Domain I: Purpose of Internal Auditing

· Domain II: Ethics and Professionalism

• Principle 1 Demonstrate Integrity
• • Standard 1.1 Honesty and Professional Courage
  • Standard 1.2 Organization’s Ethical Expectations
  • Standard 1.3 Legal and Ethical Behaviour
• Principle 2 Maintain Objectivity
• • Standard 2.1 Individual Objectivity
  • Standard 2.2 Safeguarding Objectivity
  • Standard 2.3 Disclosing Impairments to Objectivity
• Principle 3 Demonstrate Competency
• • Standard 3.1 Competency
  • Standard 3.2 Continuing Professional Development
• Principle 4 Exercise Due Professional Care
• • Standard 4.1 Conformance with the Global Internal Audit Standards
  • Standard 4.2 Due Professional Care
  • Standard 4.3 Professional Scepticism
• Principle 5 Maintain Confidentiality
• • Standard 5.1 Use of Information
  • Standard 5.2 Protection of Information

· Domain III: Governing the Internal Audit Function

• Principle 6 Authorized by the Board
• • Standard 6.1 Internal Audit Mandate
  • Standard 6.2 Internal Audit Charter
  • Standard 6.3 Board and Senior Management Support
• Principle 7 Positioned Independently
• • Standard 7.1 Organizational Independence
  • Standard 7.2 Chief Audit Executive Qualifications
• Principle 8 Overseen by the Board
• • Standard 8.1 Board Interaction
  • Standard 8.2 Resources
  • Standard 8.3 Quality
  • Standard 8.4 External Quality Assessment

· Domain IV: Managing the Internal Audit Function

• Principle 9 Plan Strategically
• • Standard 9.1 Understanding Governance, Risk Management, and Control Processes
  • Standard 9.2 Internal Audit Strategy
  • Standard 9.3 Methodologies
  • Standard 9.4 Internal Audit Plan
  • Standard 9.5 Coordination and Reliance
• Principle 10 Manage Resources
• • Standard 10.1 Financial Resource Management
  • Standard 10.2 Human Resources Management
  • Standard 10.3 Technological Resources

• Principle 11 Communicate Effectively
• • Standard 11.1 Building Relationships and Communicating with Stakeholders
  • Standard 11.2 Effective Communication
  • Standard 11.3 Communicating Results
  • Standard 11.4 Errors and Omissions
  • Standard 11.5 Communicating the Acceptance of Risks
• Principle 12 Enhance Quality
• • Standard 12.1 Internal Quality Assessment
  • Standard 12.2 Performance Measurement
  • Standard 12.3 Oversee and Improve Engagement Performance

· Domain V: Performing Internal Audit Services

• Principle 13 Plan Engagements Effectively
• • Standard 13.1 Engagement Communication
  • Standard 13.2 Engagement Risk Assessment
  • Standard 13.3 Engagement Objectives and Scope
  • Standard 13.4 Evaluation Criteria
  • Standard 13.5 Engagement Resources
  • Standard 13.6 Work Program
• Principle 14 Conduct Engagement Work
• • Standard 14.1 Gathering Information for Analyses and Evaluation
  • Standard 14.2 Analyses and Potential Engagement Findings
  • Standard 14.3 Evaluation of Findings
  • Standard 14.4 Recommendations and Action Plans
  • Standard 14.5 Engagement Conclusions
  • Standard 14.6 Engagement Documentation
• Principle 15 Communicate Engagement Results and Monitor Action Plans
• • Standard 15.1 Final Engagement Communication
  • Standard 15.2 Confirming the Implementation of Recommendations or Action Plans