Use a Delphi Study to Develop Best Practice Internal Auditing Synopsis This Delphi study was undertaken in 1997. At the time it used the knowledge and experience of a number of experienced internal auditors and academics to predict the development of professional internal auditing, using signposts from the past and then present. From the predictions made five cutting edge Benchmarks were developed based on the then framework of The IIA Standards for the Professional Practice of Internal Auditing – Independence:

Professional Proficiency: Scope of Work: Performance of Audit Work: Management of the Internal Auditing Department, Contributed by the author and Dr Kenneth D’Silva, Centre for Research in Accounting, Finance & Governance, Department of Accounting & Finance, Faculty of Business, Computing &

Information Management, London South Bank University, London, England.

After Reading the Case Study Consider:
1. How do the Benchmarks developed in the 1997 Delphi study compare with your own internal auditing today?
2. What changes would you make to the benchmarks to promote today’s cutting edge internal auditing resources and practices?