What is New Regarding the International Professional Practices Framework
The webinar aimed to raise awareness of the updated International Professional Practices Framework (IPPF) that became effective in 2017 and is crucial for the work of public sector internal auditors. In the webinar, we shortly explored the main changes of the new IPPF (new standards, new mission statement and core principles) and their impact on the work of auditors. Understanding the main changes of the new IPPF helps internal auditors deal with new requirements and keep up with their evolving role.
What it was about
As the environment for internal auditors changes, and the profession becomes more dynamic, internal auditors need good guidance. In this context, the IPPF represents a global reference of principles and guidance of internal auditors’ work. The IPPF is developed by a global standard-setting body, the Institute of Internal Auditors (IIA).
The new IPPF includes new elements, such as mission statements and new core principles. Moreover, many standards have been updated and new standards added. In this context, we covered the following topics in this webinar:
- Changes that led to the update of IPPF in 2017
- Overview of IPPF, and overview of its relevance for the countries in SEE region, relevance for public sector
- The main changes of new IPPF
- The main changes in standards
- The impact on the work of internal auditors
How participants benefited
By the end of the webinar, participants were able to:
- Understand the changes that led to the new IPPF
- Outline the main changes and elements of the new IPPF
- Identify the impact of new IPPF on the work of internal auditors
Who was it for
The webinar brought together representatives of Central Harmonization Units, senior internal auditors or heads of internal audit units of ministries, agencies and other public sector organizations in the SEE countries.
Tina Toman Pfajfar, Head of the On Site Inspection Section, Insurance Supervision Agency, Slovenia
Tina Toman Pfajfar is Head of the On Site Inspection Section at the Insurance Supervision Agency. In the past, she was the Director of the Internal Audit Service at the Slovenian KD Life Insurance Company. She also worked for the Ministry of Finance of the Republic of Slovenia as the Head of Internal Audit Service. Her main responsibilities included risk-based internal auditing, providing assurance to the Minister (or Board) about the risk management and internal control system, preparing a Manual for the Internal Audit Service, PIFC, and others.
She is the president of the Qualified Internal Auditors Committee at the Slovenian Institute of Auditors, and former Vice President of the Slovenian Chapter of the IIA – Institute of the Internal Auditors. She is Certified Internal Auditor at the Slovenian Institute of Auditors, State Internal Auditor at the Ministry of Finance, and State Auditor at the Court of Audit of the Republic of Slovenia. She has a Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors.
Daniela Danescu, Board Member of IIA Romania
Daniela Dănescu is an International trainer and speaker in the field of internal auditing, governance, risk and compliance issues and is an experienced internal auditor with over 20 years’ experience in public sector internal audit. She has coauthored and contributed to numerous articles and publications in the field of internal audit and is Global Institute of Internal Auditors (IIA) Guidance Contributor for the Public Sector and team leader for the IIA Global Institute Relations Committee. Her prior working experience includes positions such as Head of the Public Internal Audit Unit at the Romanian Ministry of Public Finance and is a former member of the IIA Global Government Relations and Public Sector Committees. Ms. Dănescu holds bachelor degrees in Cybernetics, Economic forecasting and Law.
This learning initiative was supported by: