Internal Auditors Signed Cooperation Agreement

Monday, February 5, 2018 - 15:45

The Institute of Internal Auditors Russia signed an agreement with the Internal Audit Community of Practice (IA COP) of PEMPAL (Public Expenditure Management Peer Assisted Learning), a network supported by the World Bank and implemented with financial support from the Ministry of Finance and Federal Treasury of the Russian Federation and the State Secretariat for Economic Affairs (SECO) of Switzerland. 

The Institute of Internal Auditors Russia and IA COP agreed to establish a mutually beneficial exchange of information, materials and products on internal audit and organize joint activities. In addition, the Institute of Internal Auditors Russia commits to review draft Russian translations of IA COP knowledge products to ensure consistency of Russian professional terminology, provide expert comments based on the International Professional Practices Framework (IPPF). The IA COP products are widely used by its member countries to improve their public sector financial management, risk management, internal control and internal audit systems.

The IA COP brings together 23 countries of Europe and Central Asia (ECA) and holds regular meetings where participants exchange knowledge and seek solutions to the most pressing issues related to public sector internal audit reforms. The IA COP offers approaches to address priority challenges and generates knowledge based on best practices. The practices are used by member countries to inform their internal audit reforms and to guide the development of relevant documents.  

The PEMPAL network facilitates exchange of professional experience and knowledge transfer among public finance management (PFM) practitioners across the Europe and Central Asia (ECA) region.

The PEMPAL comprises three Communities of Practice: Budget (BCOP), Internal Audit (IA COP) and Treasury (TCOM).

The not-for-profit partnership “Institute of Internal Auditors Russia” was registered in 2000, and unites more than 4,000 internal auditors, internal controllers and other controlling units’ personnel from Russian firms and organizations.

The IA COP knowledge products are available at: https://www.pempal.org/ru/knowledge-product-list

For more information on the IAA please visit: https://www.iia-ru.ru/