Clerk of the House of Representatives
Legislative Resource Center
135 Cannon Building
Washington, DC 20515
http://lobbyingdisclosure.house.gov 		Secretary of the Senate
Office of Public Records
232 Hart Building
Washington, DC 20510
http://www.senate.gov/lobby
LOBBYING REPORT

Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page

1. Registrant Name Organization/Lobbying Firm Self Employed Individual
THE INSTITUTE OF INTERNAL AUDITORS

2. Address

Address1
1035 Greenwood Blvd, Suite 401
 Address2
​
City
Lake Mary
 State
FL
 Zip Code
32746-2000
 Country
USA

3. Principal place of business (if different than line 2)

City
​
State
​
Zip Code
​
Country
​
4a. Contact Name b. Telephone Number c. E-mail
​Mr.
​Michael Downing
​4079371319
​advocacy@theiia.org
5. Senate ID#
​401104412-12
7. Client Name Self Check if client is a state or local government or instrumentality
​THE INSTITUTE OF INTERNAL AUDITORS
6. House ID#
​437410001
TYPE OF REPORT 8. Year
​2026
 Q1 (1/1 - 3/31) Q2 (4/1 - 6/30) Q3 (7/1 - 9/30) Q4 (10/1 - 12/31)

9. Check if this filing amends a previously filed version of this report

10. Check if this is a Termination Report Termination Date
​
11. No Lobbying Issue Activity
INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13
12. Lobbying 13. Organizations
INCOME relating to lobbying activities for this reporting period was: EXPENSE relating to lobbying activities for this reporting period were:
Less than $5,000
Less than $5,000
$5,000 or more $
​
$5,000 or more $
​60,000.00
Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options.
Method A. Reporting amounts using LDA definitions only

Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code

Method C. Reporting amounts under section 162(e) of the Internal Revenue Code

Signature
Digitally Signed By: Michael R. Downing
 Date
7/8/2026 9:26:39 AM

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code FIN

16. Specific lobbying issues

The IIA conducted meetings with members of the Public Company Accounting Oversight Board, as well as members and staff from the U.S. House Committee on Financial Services and U.S. Senate Committee on Banking, Housing, and Urban Affairs. These meetings discussed key recommendations of an IIA report, published in March 2026, on modernizing the U.S. Sarbanes-Oxley Act.

In addition, The IIA submitted letters to both the Federal Deposit Insurance Company (Fed. Reg. 18534 (Apr. 10, 2026)) and Office of the Comptroller of the Currency (Docket ID OCC-2025-0372; RIN 1557-AF41) regarding proposed regulations for implementing the GENIUS Act. In both cases, The IIA offered technical clarifications for strengthening the existing internal audit requirements in the proposed regulations. It highlighted the certifications, standards, and independence considerations that are fundamental to a properly structured internal audit function.

17. House(s) of Congress and Federal agencies Check if None

U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES, Securities & Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC)

18. Name of each individual who acted as a lobbyist in this issue area

First Name Last Name Suffix Covered Official Position (if applicable) New
Michael
Downing
​
​
Ramon
Correa
​
Former Legislative Director, Office of Rep. Kweisi Mfume Former Director of Oversight, U.S. Department of Agriculture

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code CSP

16. Specific lobbying issues

The IIA conducted introductory meetings with members of the U.S. House Energy and Commerce Committee to discuss the role of internal audit in providing independent assurance over artificial intelligence risk management and controls.

Furthermore, The IIA submitted a letter to members of the U.S. House Energy and Commerce Committee and U.S. Senate Committee on Commerce, Science, and Transportation regarding the White House National AI Policy Framework. The letter emphasized the need to include independent assurance over AI systems and controls in any potential legislation emanating from the White House policy framework.

In addition, The IIA sent a letter to members of the U.S. House Subcommittee on Commerce, Manufacturing, and Trade concerning the SECURE Data Act (H.R. 8413). The letter recommended the inclusion of independent assurance mechanisms in the legislation to ensure the processes envisioned by the legislation are operating appropriately.

17. House(s) of Congress and Federal agencies Check if None

U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES

18. Name of each individual who acted as a lobbyist in this issue area

First Name Last Name Suffix Covered Official Position (if applicable) New
Michael
Downing
​
​
Ramon
Correa
​
Former Legislative Director, Office of Rep. Kweisi Mfume Former Director of Oversight, U.S. Department of Agriculture

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code CDT

16. Specific lobbying issues

The IIA submitted a letter to the leaders of the U.S. Senate and U.S. House of Representatives to offer perspective on emerging prediction market policies. The letter recommended that Congress take the following three actions concerning this novel policy topic:

1) Require prediction market platforms to establish formal internal control frameworks
2) Ensure the operation of independent, properly structured internal audit functions at registered exchanges
3) Commission a GAO study focused on controls and audit infrastructure

In addition, The IIA submitted a letter to the Commodity Futures Exchange Commission in response to a request for comment on 91 FR 12516, RIN 3038-AF65 (Document No. 2026-05105). The letter recommended that the CFTC require prediction market registrants to possess an internal audit function in any forthcoming regulatory proposals.

17. House(s) of Congress and Federal agencies Check if None

U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES, Commodity Futures Trading Commission (CFTC)

18. Name of each individual who acted as a lobbyist in this issue area

First Name Last Name Suffix Covered Official Position (if applicable) New
Michael
Downing
​
​
Ramon
Correa
​
Former Legislative Director, Office of Rep. Kweisi Mfume Former Director of Oversight, U.S. Department of Agriculture

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

Information Update Page - Complete ONLY where registration information has changed.

20. Client new address

Address
​
City
​
State
​
Zip Code
​
Country
​

21. Client new principal place of business (if different than line 20)

City
​
State
​
Zip Code
​
Country
​

22. New General description of client’s business or activities

​

LOBBYIST UPDATE

23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client

First Name
Last Name
Suffix
First Name
Last Name
Suffix
1
​
​
​
3
​
​
​
2
​
​
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4
​
​
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ISSUE UPDATE

24. General lobbying issue that no longer pertains

​
​
​
​
​
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​
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AFFILIATED ORGANIZATIONS

25. Add the following affiliated organization(s)

Internet Address:

Name Address Principal Place of Business
(city and state or country)
Street Address
City State/Province Zip Country
City
State Country

26. Name of each previously reported organization that is no longer affiliated with the registrant or client

1 2 3

FOREIGN ENTITIES

27. Add the following foreign entities:

Name Address Principal place of business
(city and state or country) 		Amount of contribution for lobbying activities Ownership percentage in client
Street Address
City State/Province Country
City
State Country
%

28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization

1 3 5
2 4 6

CONVICTIONS DISCLOSURE

29. Have any of the lobbyists listed on this report been convicted in a Federal or State Court of an offense involving bribery, extortion, embezzlement, an illegal kickback, tax evasion, fraud, a conflict of interest, making a false statement, perjury, or money laundering?

Lobbyist Name Description of Offense(s)