Which is the international body that sets standards for the practice of internal auditing across the world?
A)The Internal Audit Reporting Standards Board
B)The Institute of Internal Auditors
C)The International Accounting Standards Board
D)The Charter of Certified Internal Auditors

Question

Quizplus · Accepted Answer

The Institute of Internal Auditors (IIA) is the international body that sets standards for the practice of internal auditing across the world. The IIA has developed a set of International Standards for the Professional Practice of Internal Auditing that provide guidance and best practices for internal auditors. The other answer choices do not pertain specifically to internal auditing.

Which Is the International Body That Sets Standards for the Practice