Institute of Internal Auditors (IIA)
www.theiia.org
Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association with global headquarters in Altamonte Springs, Florida, USA. The IIA is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator. Generally, members work in internal auditing, risk management, governance, internal control, information technology audit, education, and security.
IIA Mission
The mission of The Institute of Internal Auditors is to provide dynamic leadership for the global profession of internal auditing. Activities in support of this mission will include, but will not be limited to:
• Advocating and promoting the value internal audit professionals add to their organizations.
• Providing comprehensive professional educational and development opportunities, standards and other professional practice guidance, and certification programs.
• Researching, disseminating, and promoting knowledge concerning internal auditing and its appropriate role in control, risk management, and governance to practitioners and stakeholders.
• Educating practitioners and other relevant audiences on best practices in internal auditing.
• Bringing together internal auditors from all countries to share information and experiences.
Government Accountability Office (GAO)
www.gao.gov/aac.html
The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for Congress. Often called the "congressional watchdog," GAO investigates how the federal government spends taxpayer dollars. The head of GAO, the Comptroller General of the United States, is appointed to a 15-year term by the President from a slate of candidates Congress proposes.
There are two publications commonly used by Audit and Consulting Services:
1. Government Auditing Standards (Yellow Book)
http://www.gao.gov/yellowbook
2. GAO Federal Information System Controls Audit Manual (FISCAM)
http://www.gao.gov/special.pubs/fiscam.html
Government Accounting Standards Board (GASB)
www.gasb.org
The Government Accounting Standards Board’s (GASB) mission is to establish and improve standards of state and local governmental accounting and financial reporting that will: Result in useful information for users of financial reports, and Guide and educate the public, including issuers, auditors, and users of those financial reports. GASB helps government officials demonstrate to their constituents their accountability and stewardship over public resources.
The website offers industry news, educational articles and webcasts, industry analysis and summaries, and accounting standards publications.
American Institute of Certified Public Accountants (AICPA)
www.aicpa.org
Founded in 1887, the AICPA represents the CPA profession nationally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the profession’s technical and ethical standards.
The AICPA's mission is to provide members with the resources, information and leadership that enable them to provide valuable services in the highest professional manner to benefit the public, employers and clients. In fulfilling its mission, the AICPA works with state CPA organizations and gives priority to those areas where public reliance on CPA skills is most significant.
Financial Accounting Standards Board (FASB)
www.fasb.org
The mission of the FASB is to establish and improve standards of financial accounting and reporting that foster financial reporting by nongovernmental entities that provides decision-useful information to investors and other users of financial reports. That mission is accomplished through a comprehensive and independent process that encourages broad participation, objectively considers all stakeholder views, and is subject to oversight by the Financial Accounting Foundation’s Board of Trustees.
The website offers industry news, educational articles and webcasts, industry analysis and summaries, and accounting standards publications.
Committee of Sponsoring Organizations of the Treadway Commission (COSO)
www.coso.org
The Committee of Sponsoring Organizations’ (COSO) mission is to provide thought leadership through the development of comprehensive frameworks and guidance on enterprise risk management, internal control and fraud deterrence designed to improve organizational performance and governance and to reduce the extent of fraud in organizations.
COSO frameworks for internal control and enterprise risk management are widely used in a variety of industries and organizations, including higher education.
