These are based on the mandatory elements of the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF).
This publication is aimed at accounting officers, accountable officers, board and audit committee members, heads of internal audit, internal auditors, external auditors and other stakeholders such as chief financial officers and chief executives.
The objectives of the PSIAS are to:
- define the nature of internal auditing within the UK public sector
- set basic principles for carrying out internal audit in the UK public sector
- establish a framework for providing internal audit services, which add value to the organisation, leading to improved organisational processes and operations
- establish the basis for the evaluation of internal audit performance and to drive improvement planning
The standards will apply from 1 April 2013, and will replace NHS internal audit standards.