IIA (Institute of Internal Auditors)
Definition
Global professional body for internal auditors, awarding the CIA (Certified Internal Auditor) credential. Its standards and guidance on fraud risk (IIA Standard 2120) overlap with forensic accounting in the fraud-prevention and detection space.
Related terms
- CFE (Certified Fraud Examiner)
- The primary fraud-specific credential, awarded by the ACFE. Covers financial transactions, law, investigation methodology, and fraud prevention. Available to accountants, lawyers, investigators,...
- CFF (Certified in Financial Forensics)
- An AICPA credential restricted to CPAs in good standing. Covers the full forensic accounting scope: fraud, litigation support, valuation disputes, bankruptcy, and...
- CPD (Continuing Professional Development)
- The ongoing training requirement attached to most professional credentials. For forensic accounting credentials, CPD typically covers emerging fraud schemes, changes in evidentiary...
- Independence
- The requirement that an expert's opinion is formed solely on the evidence and the expert's own professional judgment, free from pressure from...
- PCAOB
- Public Company Accounting Oversight Board, established by SOX to set auditing standards and inspect audit firms performing public-company audits. It replaced the...
Explained in
- Professional Standards and BodiesGlobal professional body for internal auditors, awarding the CIA (Certified Internal Auditor) credential. Its standards and guidance on fraud risk (IIA Standar...