New Delhi, Jan 30 (IANS): The Institute of Internal Auditors (IIA) Monday said its annual global council will be organised in India Feb 5-8 to discuss key matters impacting the profession of internal auditing around the world.

The four-day event, which is expected to witness over 120 representative from more than 50 countries, will be coordinated by IIA global headquarters and the IIA's Indian institute (IIA-India), the institute said in a statement.

For the IIA, as the internal audit profession's global guiding body, this event helps frame a number of important global initiatives for the profession.

"We are proud to receive our fellow internal audit leaders here in India where the internal audit profession and the IIA are continuously advancing," said IIA-India spokesperson Naren Aneja.

"In India, it is a top priority that our companies and government understand the full scope of internal auditing, as well as the valuable role the IIA plays around the world supporting internal auditors as they conduct their governance, risk management and controls assessment work professionally," he added.

Established in 1941, with headquarters in US, the IIA has more than 170,000 members in 165 countries.

Its leaders represent members working in a variety of professional capacities such as internal auditing, risk management, governance, internal control, information technology audit, education, and security.