On November 25, the Kreston Ukraine team held a webinar titled “Key Changes in the Global IIA Standards (2024/2025),” during which the company’s experts shared practical insights on how the updated requirements will impact internal audit activities in the financial and corporate sectors.
During the event, participants learned about the updated Principles – Standards – Guidance structure and the key changes in approaches to organizing internal audit, the new requirements for the quality assurance system, independence, and the role of the chief audit executive, as well as the alignment of the Global IIA Standards with the regulatory requirements of the National Bank of Ukraine. Special attention was given to practical steps and recommendations for preparing for the external assessment in 2025–2026, as well as common challenges companies face when transitioning to the updated standards and possible ways to address them.
Kreston Ukraine has strong expertise in the field of internal audit. We help organizations adapt to the new requirements, strengthen their audit functions, and build an effective internal control system — from initial diagnostics and compliance assessment to methodology development and practical implementation.
“In the context of increased regulatory oversight, the updated Global Internal Audit Standards IIA 2024 require prompt implementation. For banks, asset management companies, and insurance companies, it is important to align their internal audit systems with the NBU requirements and ensure readiness for the quality assessment,” noted Tetiana Polishchuk, Audit Manager at Kreston Ukraine.
If you need professional support in complying with the new Global IIA Standards, we will be happy to provide consultation and assistance.
