Professional Guidance - consulting implementation standards

Internal Auditor, June, 2001

Consulting Implementation Standards

The Internal Auditing Standards Board (IASB) continues to develop the Professional Practices Framework (PPF) as recommended by the Guidance Task Force. Consistent with the definition of internal auditing and the components of the PPF, Implementation Standards is consulting services have been developed to provide guidance to internal auditors when performing such engagements. The proposed Consulting Implementation Standards represent the next major expansion of the Standards for the Professional Practice of Internal Auditing (Standards) and complement the newly adopted Attribute, Performance, and Assurance Implementation Standards. * The IASB is seeking comments on proposed Consulting Implementation Standards, one new Assurance Implementation Standard, and a revision to the definition of consulting services contained in the glossary to the Standards. The proposed Implementation Standards and revised definition are reflected in the far right or third column of the following table. The existing Attribute, Perfor mance, and Assurance Implementation Standards, which are effective as of Jan. 1, 2002, are included for reference purposes.