What does “Fully Achieves”, as defined in the IIA Quality Assessment Manual, require under the Global Internal Audit Standards—and how do high-performing internal audit functions (IAF) demonstrate it with strong, clear and consistent governance and management practices, ethics and professionalism and audit methodologies. In this practical, example-driven session, experts will walk through what an IAF needs to have in place to support a Full Achievement Conformance) conclusion. The Fully Achieves rating makes the IAF eligible to be awarded the IIA Global Quality Certification.
The session emphasizes the Standards’ shift in expectations from “conformance only” toward conformance plus performance—and translates that into concrete, real-world examples of practices and operating rhythms that stakeholders and assessors recognize as high performance. Attendees will leave with a clear model of what “Fully Achieves” looks like in each Domain, how to avoid common gaps, and how to build a focused action plan to move from “Generally Achieves” to “Fully Achieves.” Attendees will also understand that the IIA did not raise the bar, rather a Fully Achieves rating purely recognizes IAFs who fully achieve/conform to the Standards which was not possible under the prior conformance rating scale.
Learning Objectives:
- Overview of the ratings under the Quality Assessment Manual definitions
- What a “Fully Achieves” conclusion really means
- The importance of strong board/audit committee and senior management support
- Applying the “conformance plus performance” mindset
- Common gaps that prevent IAFs from achieving a “Fully Achieves” rating
- Developing focused Standards‑aligned action plans