Chapter 3 IPPF Standards

Question 1

Purpose of the Standards

Answer 1

• Give guidance for the conduct of internal auditing on an organisational and individual level
• to provide a framework for performing and promoting internal auditing activities
• basis of evolution for Internal audit activities
• nurture improved organisational processes and operations

Question 2

Three types of standards

Answer 2

1- Attribute standards (1000 series)
2- Performance standards (2000 series)
3- Implementation standards (A’s and C’s)