President And CEO's Message
For nearly 75 years, The IIA has partnered with members, volunteers, and other stakeholders to grow and evolve the internal audit profession. Together, we have worked toward achieving a noble and powerful mission for internal audit: to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight.
Every year, the rate of change seems to accelerate, and internal auditors must keep pace. Geopolitical risk, digitization, and ever-increasing interconnectedness and globalization all bring risks and opportunities to organizations around the world. The IIA aims to serve its members by equipping them to respond in this dynamic environment.
At The IIA, we are fostering a sustained period of success in which we have grown our membership, forged new alliances, and placed our infrastructure on a firm financial foundation. We are leveraging the work of our many volunteers to provide a vibrant community where ideas, knowledge, and skills can be shared and honed so that our members are empowered to add increasingly more value to their organizations.
“We are fostering a sustained period of success in which we have grown our membership, forged new alliances, and placed our infrastructure on a firm financial foundation.”
Indeed, internal auditors have never been better positioned to give assurance as trusted advisers and to help organizations take advantage of the seismic shifts in business. However, to add the most value, internal auditors must continuously invest in soft skills and growing relationships with stakeholders. They must look forward, with an integrated mindset and with an eye toward responding to evolving and emerging risks, to provide insight into when and how businesses need to act. They must lead courageously by trying new ideas and delving into non-traditional areas.
This year’s report serves as a reaffirmation that The IIA is making great progress toward helping our members and the profession evolve along with the needs and expectations of their organizations. We are now more than one year into The IIA’s 2015-20 Global Strategic Plan, which outlines how we will pursue our mission in the medium term, and we have many important initiatives underway. In 2015, we launched the Financial Services Audit Center to meet the unique needs of internal auditors in that industry. We began publishing research reports that analyze the findings from the Common Body of Knowledge study - the world’s largest ongoing study of the internal audit profession. We also overhauled our continuing professional development guidelines to ensure their relevancy and make them easier to use.
Thank you for collaborating with The IIA to advance the profession, and for supporting us as we pursue our vision to make internal auditors universally recognized as indispensable to effective governance, risk management, and control.
Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA President and CEO