In addition, Practice Advisories will be replaced with Implementation Guidance over the next year. New guides will be released every quarter—two are currently available on the IIA’s website. Also, Supplemental Guidance will now be composed of Practice Guides, Global Technology Audit Guides (GTAGs), and Guides to the Assessment of IT Risks (GAIT).
The IPPF has served as a guide for internal audit professionals since 1947. The new provisions were effective July 6. Get more updates at http://bit.ly/IPPFupdates.