The Internal Audit Agency (IAA) has launched two documents to promote professionalism in audit practice in the public sector.
The documents are the 2025 revised Risk-Based Internal Audit (RBIA) Manual and the 2025-2028 Strategic Plan.
The Director-General of the Internal Audit Agency, Dr Eric Oduro Osae, said the development of the two documents had become necessary to meet current needs and the changing dynamics of audit practice.
He explained that the RBIA Manual had been revised to reflect best global practices, including the 2024 Global Internal Audit Standards of the Institute of Internal Auditors, the ISO 31000:2018 Risk Management Standard, and the Committee of Sponsoring Organisations' 2013 Internal Control Framework. "This manual provides a structured methodology for internal auditors to assess, mitigate, and report on risks in public sector institutions, ensuring that resources are utilised effectively and for their intended purposes," he stated, adding that "the manual documented the standard practice requirements of all internal auditors provided guidance in audit practice in the public service." Dr Osae emphasised that the manual also introduced consistency in internal audit practices across the public sector and ensured that internal audit activities in the public sector aligned with global standards.
