Our Submissions
The IIA in Australia and internationally responds to exposure drafts on behalf of its members where a proposed standard, policy pronouncement, regulation or legislative instrument is likely to directly affect the interests of the profession and its members. Typically IIA comments on internal audit practices, corporate governance, risk management and internal control, as a matter of public record.
IIA Australia’s most recent submissions are listed below. A full set can also be found in the Knowledge Centre. Submissions from IIA Global Headquarters, IIA UK and Ireland are also available.
If you are aware of a consultation process which IIA should be involved with or to invite the IIA to make a submission, please contact:
Joe Garbutt
Director, Policy
E: policy@iia.org.au
T: +61 2 9267 9155
Toll Free: 1800 236 366 (outside Sydney)
Submissions in Australia
Submission on Queensland draft Local Government (Finance, Plans and Reporting) Regulation 2009 (  , 96 KB ) |
| 27-Jan-2010 | Submissions | IIA Australia | Access: Public |
IIA-Australia's submission in relation to the Queensland draft Local Government (Finance, Plans and Reporting) Regulation 2009. IIA calls for clearer accountability and guidance around risk management, internal control, audit committees and internal audit to ensure these are well implemented and operating at a consistently high standard across the sector.
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| Submission on Corporate Whistleblowing ( , 64 KB ) |
| 21-Dec-2009 | Submissions | IIA Australia | Access: Public |
IIA's submission on Commonwealth Treasury's discussion paper on corporate whistleblowing. IIA argues that protections be extended to cover as many circumstances as possible, and also should be part of a framework which focuses on prevention rather than detection after the fact.
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| Submission to Reform of Australian Government Administration ( , 83 KB ) |
| 04-Dec-2009 | Submissions | IIA Australia | Access: Public |
IIA-Australia's submission in relation to Reform of Australian Government Administration by the Advisory Group on Reform of Australian Government Administration: Building the world’s best public service.
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| Submission on Queensland Treasury's draft Financial Accountability Handbook ( , 150 KB ) |
| 30-Jul-2009 | Submissions | IIA Australia | Access: Public |
Submission on Queensland Treasury's draft Financial Accountability Handbook. IIA-Australia believes that there are some fundamental tenets which are required to successfully shift from a rules to principles based regime as set out in this submission.
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| Discussion paper response - APRA's proposed changes to Prudential Standards 310, 510 & 520 ( , 244 KB ) |
| 29-Jun-2009 | Submissions | IIA Australia | Access: Public |
IIA-Australia's submission in relation to APRA's discussion paper on enhanced supervision of life companies. IIA's submission highlights a number of areas which should be strengthened in addition to the proposed changes contained in the exposure drafts, specifically:
1. Clearer distinctions between external audit and internal audit, which reflect internal audit's increasing role as a critical driver of good governance.
2. Appropriate safeguards and mechanisms to enable the Chief Audit Executive (CAE) to conduct their role with independence and objectivity, without undue interference by management.
3. Suggestions for “fit and proper” for internal auditors which are commensurate with the level of specificity for external auditors.
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