The International Professional Practices Framework (IPPF) describes Governance as “the combination of processes and structures implemented by the board to inform, direct, manage, and monitor the activities of the organization toward the achievement of its objectives.” Governance sets the foundation for business protection and strategic performance, as well as the confidence of the markets, investors, regulators, and other key stakeholders. Effective corporate governance is necessary for achieving strategic objectives in dynamic environments while supporting a strong risk culture.
This course emphasizes the importance of governance in the International Standards for the Professional Practice of Internal Auditing and helps the learner to recognize and interpret the organization’s ethics- and compliance-related issues, alleged violations, and dispositions.