The International Professional Practices Framework® (IPPF®), which organizes The IIA’s authoritative body of knowledge on the professional practice of internal auditing, was updated in 2024. Three components comprise the IPPF:

• Global Internal Audit Standards
• Topical Requirements
• Global Guidance

Internal audit functions are expected to be in conformance with the Global Internal Audit Standards^TM now. The Standards guide the worldwide professional practice of internal auditing and serve as a basis for evaluating and elevating the quality of the internal audit function. The Standards are set according to a due process followed by the International Internal Audit Standards Board and overseen by the IPPF Oversight Council.