Question

1. Define the multiple Standards Setting Organizations (such as AICPA, ISACA and IIA) and the resources they offer

Answer 1

AICPA ( American institute of certified public accountants) :

Meaning:  The American Instiute of Certified Public Accountants is the association that develops and scores the uniform certified public accountants examination. Individuals seeking qualification for public accountant certification in united states are required to pass the Certified public accountant examination.

Definition : The American Institute of Certified Public Accountants (AICPA) is "the national professional organization of Certified Public Accountants in the United States, with 418000 members in 143 countries in business and industry, public practice, government, education, student affiliates and international associates."

Resources offered by AICPA :

• Fraud and business valuation
• Management Accounting
• Accounting and auditing
• Not for profit
• Tax
• Career and practice management
• AICPA student affiliate membership
• Academic resources
• Review copy request form and order information

ISACA (Information Systems Audit and Control Association)

Meaning : It is an international professional association focussed on IT(Information technology) governance. Established 45 years ago ISACA is a trusted source of knowledge, networking, education and career development for audit, control, compliance, security, cyber security, risk, privacy and governance professionals.

Defintion : ISACA is an " independent, non profit, global association that engages in the development, adoption and the use of golbally accepted information system knowledge and practices."

Resources offered by ISACA :

• Exclusive live Webinars
• Globally recognized certifications
• Virtual conferences
• Complimentary publications
• Free COBIT(Control objectives for information and related technologies) downloads.

IIA (Institute of Internal Auditors)

Meaning :The institute of internal auditors is the internal audit's profession most widely recognized advocate, educator, and provider of standards, guidance and certifications.

Definition : The institute of internal auditors is a" leader in certification, education and research for professionals engaged in evaluating an organization's operations and controls."

Resources offered by IIA :

• Webinars in Arabic as form of global resource
• Internal auditor magazine
• IIA bookstore
• IIA global smart brief
• IIA culture resource exchange
• Stakeholder resource exchange