1. CIPFA/IMFO Development Programme for Internal Auditors IMFO Indaba April 2015 Durban Dr Adrian Pulham Executive Director CIPFA

2. CIPFA, an introduction Professional body for public sector accountants and auditors PSIA standard setter in the UK Provides certification for members in public audit bodies around the world Founder member of IFAC Working closely with IIA Working closely with INTOSAI

3. Effective PSIA – key components

4. CIPFA’s Advocacy Strategy Strategic Theme 4 Development partners include PSIA in PFM capacity building projects Strategic Theme 1 Appropriate PSIA standards Strategic Theme 2 The value of PSIA recognised, respected and required Strategic Theme 3 PSIA essential to PFM reform

5. Code of Practice for PSIA Scope of PSIA Independence Ethics Audit planning Performance

6. Enhanced Systems Based PSIA Internal control COSO based Systems testing

7. Procurement Audit Holistic approach Risk based Contract audit Fraud audit VFM audit Best practice

8. Auditing Standards Based on the International Auditing and Assurance Standards Board guidance and standards

9. Audit Committees Often required by law Enhance public trust Independent Central part of good governance

10. Internal Audit manual Framework for the HIA Revised standards Written by practitioners Students and new staff

11. Member Support CIPFA Audit Panel Role of the Chief Internal Auditor Consulting the profession

12. Conclusion Effective PSIA requires –Standards –Professional internal auditors –Greater capacity –Professional support and development

13. Level 1, the Certificate Internal Audit Fundamentals Public Sector Accounting and Financial Reporting Governance and Control

14. Level 2, the Diploma Advanced Internal Auditing Auditing Management Performance Managing the Internal Audit Function

15. Benefits to you Professional recognition CIPFA Affiliate Membership Publications Audit panel involvement CPD Branch Activities Management Direct Further partnership working with IMFO