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Internal Audit Team of the Year
Award

Team of the Year, recognises an internal audit function/team that excels in the provision of internal audit services to their organisation and contributes to the elevation of the profession generally. 

Prize

The shortlisted nominees will receive:

  • Up to 4 complimentary tickets to SOPAC® gala dinner for colleagues to attend

  • One economy airfare and one night’s accommodation for the CAE (capped value)

  • Public recognition across IIA-Australia media

The Award winner will receive

  • an engraved plaque and letter of achievement

See Terms and Conditions for Details​

Eligibility

To be eligible, a nominee must be:

  • Be able to demonstrate how the function/team adheres to the Standards in daily practice.

  • Be able to demonstrate significant contribution to their organisation’s performance through its work, such as:

    • Introduced innovative internal audit approaches in their organisation that improved audit outcomes.

    • Increased the visibility and credibility of Internal Audit function with senior management, ARC and/or the Board.

    • Delivered an internal audit plan that aligned with the organisation’s strategy, with reports accepted by Management and the Board.

    • Successfully implemented another initiative not referred to above.

  • Be able to provide the organisation’s endorsement of the achievement.

  • At the time of nomination and judging, the CAE and senior team members of the team are financial members of the IIA-Australia.

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Process & Requirements

  1. Nominations close midnight AEDT 1 December 2024.

  2. The IIA-Team may conduct a preliminary screening interview with eligible candidates’ and/or referees.  

  3. The judging panel will review and determine shortlists (noting that if they believe there is no suitable candidate none will be awarded).  

  4. Shortlisted candidates will be notified 18 December 2024. At this time, shortlisted candidates will be asked to commit to a panel interview the week commencing 3 February 2025, ensure their referees are are available for a call that same week, and make travel plans to attend the SOPAC Gala Dinner in Melbourne on 1 April 2025

  5. The judging panel will determine the winner of each Award and this will remain confidential until announced on the night. 

  6. Winners announced at SOPAC Gala Dinner.

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