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The European Commission is striking a healthy balance between flexibility and hard rules in its reforms to the region’s corporate governance regime, according a report compiled by the ECIIA, The future of European governance: key views from key people.
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Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
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The ECIIA's mission is to enhance corporate governance through the promotion of the professional practice of internal auditing. Be the voice of the profession at a European level and promote the profession in economically emerging countries.
MORE13/1/2015 NEW
The Basel Committee on Banking Supervision’ s most recent consultation document – Corporate governance principles for banks – sometimes erroneously describes internal audit as a control function of banks, says the European Confederation of Institute’s of Internal Auditing (ECIIA) in its response to the paper. This misunderstanding could...
more19/12/2014 NEW
The ECIIA deepened its cooperation with the European Organisation of Supreme Audit Institutions (EUROSAI) at a meeting in Riga, Latvia recently when both bodies agreed on a further raft of joint initiatives. They included creating a team of key people across the two organisations to coordinate their shared...
more02/12/2014 NEW
Enhancing business transparency in key areas – such as social or environmental matters – is crucial to rebuilding trust in the economy and in supporting the fundamental values of the European Union. That is why ECIIA is sponsoring an award run by Parliament Magazine to commend a Member...
more19/11/2014
Wide-ranging changes to the structure of the European Commission (EC) could restrict the value created by good corporate governance practice, says the European Confederation of Institutes of Internal Auditing (ECIIA). In September 2014, the EC’s President-elect Jean-Claude Juncker unveiled a new approach to the way the EC is...
more24/10/2014
In November 2014, the European Central Bank (ECB) assumes new banking supervisory responsibilities as part of wide-ranging changes to the way financial services businesses are regulated across Europe. The new regulatory...
more24/10/2014
The European Banking Authority’s (EBA) guidelines on the common procedures and methodologies it proposes for supervising banks need better clarity over the role of internal audit in the governance structure, says ECIIA. In its response to the EBA’s consultation on Draft Guidelines for common procedures and methodologies for the...
more20/10/2014
Help is at hand for audit and risk committees who are under increasing pressure to comply with a raft of transparency measures enacted by the European Union over the last five years. ECIIA and the Federation of European Risk Management Associations (FERMA) have launched joint guidance – Audit...
more24/9/2014
The ECIIA has worked hard over the last twelve months to promote the value of internal audit in European corporate governance, as detailed in its Activity report 2014. One of ECIIA’s key messages has been that good coordination between internal and external audit adds real value and increases...
more24/9/2014
Angela Witzany, President of IIA Austria, has been elected ECIIA Vice President at the body’s General Assembly, which took place in Budapest in September 2014. Witzany, a member of ECIIA’s management board, has been working to strengthen and promote the internal auditing profession for a number of years....
more24/9/2014
The European Confederation of Institute’s of Internal Auditing (ECIIA) welcomed IIA Israel as a member during its General Assembly in Budapest in September 2014. Although formed in 1960, IIA was re-established in 2011 with the aim of being the only professional voice, recognised authority, acknowledged leader, chief advocate,...
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