The New IIA Standards - Prepare Today for Tomorrow
Tracks
Emerging/Advanced Topics
Business Management & Organization
| Wednesday, September 11, 2024 |
| 4:10 PM - 5:00 PM |
Speaker
Michael Cronin
Managing Director
Deloitte
The New IIA Standards - Prepare Today for Tomorrow
Session Synopsis
Recently, the Institute of Internal Auditors (IIA) released their long-awaited update to the International Standards for the Professional Practice for Internal Auditing (Standards). While the Standards don't go into effect until January 2025, Internal Audit functions should be doing things today to prepare.
This session will review the key updates/changes to the Standards, provide perspective on what those changes practically mean to how Internal Audit operates and share recommendations on what steps Internal Audit functions can do now to prepare.
This session will review the key updates/changes to the Standards, provide perspective on what those changes practically mean to how Internal Audit operates and share recommendations on what steps Internal Audit functions can do now to prepare.
Biography
Mike is a Managing Director in Deloitte’s Risk & Financial Advisory Practice, focusing on Internal Audit. Mike has more than 29 years of internal audit, risk management and accounting experience with “Big Four” accounting firms. Mike is Deloitte's national leader for healthcare internal audit.
In his role, Mike has several core responsibilities including:
* leading the day-to-day execution of co-sourced and outsourced internal audit relationships
* helping organizations with implementing the various tenants of enterprise risk management
* leading external quality assessment reviews of organizations’ existing internal audit functions
In addition to his client duties, Mike is a lead facilitator for Deloitte's Greenhouse Lab Program, specifically focused on Transition Labs for new CAEs, he teaches internal trainings and is a frequent speaker at healthcare industry events.
