Which of the following best demonstrates conformance with the Standards relating to continuing professional development of internal auditors?

Which of the following best demonstrates conformance with the Standards relating to continuing professional development of internal auditors?
A . Regulatory approval from an accrediting agency.
B . Self-assessments against a competency framework.
C . Approval and signoff from the board of directors.
D . A review by external auditors on an annual basis

View Answer

Answer: B

Explanation:

Conformance with the Standards relating to continuing professional development of internal auditors is best demonstrated by self-assessments against a competency framework. Such self-assessments allow internal auditors to evaluate their skills and knowledge against defined criteria to identify areas for improvement and ensure ongoing professional development. This approach is directly aligned with the IIA’s Standards, which emphasize the importance of continuous improvement and competency in internal audit practices.

Reference: The Institute of Internal Auditors (IIA) – International Standards for the Professional Practice of Internal Auditing