New Iia Standards 2024. The chartered iia has urged organisations with an internal audit function to adopt the new code and work towards full compliance. The new standards, which were released in early january, will become effective in january of 2025, though the iia encourages early adoption.

The standards apply to any individual or function that provides internal audit services, whether an organization employs internal. In 2023, the institute of internal auditors (iia) introduced its revised global internal audit standards™—commonly referred to as “the standards.” these updates were.