The Institute of Internal Auditors is asking companies to lend some of their “brightest and budding” internal audit practitioners to serve on six-month rotational fellowships at the institute and influence the evolution of the internal audit profession.

The IIA promises participants a unique learning opportunity and the chance to work in various roles at the Altamonte Springs, Fla.-based organization. The program aims to develop next-generation thought leaders and innovative solutions for the internal audit profession.

“The IIA’s motto, ‘Progress through Sharing,’ is truly at the heart of this new fellowship program,” said IIA president and CEO Richard Chambers in a statement. “There couldn’t be a bigger gesture of commitment to the profession than sharing your most valuable assets – talent and knowledge.”

IIA fellows will conduct a variety of research, develop guidance in response to legislative and internal audit issues, and create innovative tools and services for internal audit professionals. Hands-on projects that foster development of analytical, interpersonal, and problem-solving skills will be part of the program.

The IIA plans to establish milestones and success measures at the onset of the assignment to guide the participants’ progress, as well as provide feedback to both the fellows and their sponsoring organizations. During the six-month fellowship, each sponsoring organization will be expected to continue to pay employees their salary and benefits, while the IIA will provide them with housing. 

Applications are now being accepted for the January 2010 fellowship term. More information is available at

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