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 NFRA issues Draft Procedure for Submission of Audit Files
 Auditors barred from putting a value on companies they are auditing
 Standard on Internal Audit (SIA) 18, Related Parties
 Standard on Internal Audit (SIA) 17, Consideration of Laws and Regulations in an Internal Audit
 Standard on Internal Audit (SIA) 16, Using the Work of an Expert
 Standard on Internal Audit (SIA) 14, Internal Audit in an Information Technology Environment
 Standard on Internal Audit (SIA) 13, Enterprise Risk Management
 Standard on Internal Audit (SIA) 12, Internal Control Evaluation
 Standard on Internal Audit (SIA) 11, Consideration of Fraud in an Internal Audit
  Standard on Internal Audit (SIA) 9, Communication with Management
  Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement

Officials to get training in internal auditing
April, 10th 2009

Government officials, particularly at the ministry of corporate affairs and the Comptroller and Auditors Generals office, may soon undergo training in the areas of financial risks, corporate governance, internal audit and controls by experts from the US-based, The Institute of Internal Auditors, or IIA.

We met senior government officials in the ministry of corporate affairs and the office of the Comptroller and Auditor General today and we have had preliminary discussions on having some kind of strategic alliance with these offices. After working out the details we may go in for a memorandum of understanding, said Patricia K. Miller, chairman of IIA.

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