Which of the following is NOT one of the three categories of the IPPF?

The correct answer reflects that "Financial analyses and audits" is not one of the three categories of the International Professional Practices Framework (IPPF). The IPPF serves as a framework for internal auditing and includes essential guidelines to help internal auditors perform their roles effectively.

The three main categories of the IPPF are structured around Standards and Ethics, Development and Practice Aids, and Practice Advisories. "Standards and ethics" establishes the professional standards of conduct expected of auditors. "Development and practice aids" provide tools, resources, and guidance to improve auditing practices, while "practice advisories" offer additional insights and advice on specific auditing issues or subjects.

In contrast, "Financial analyses and audits" does not fall under these categories. While financial analysis and audits are crucial components of internal audit functions, they are not represented as a distinct category within the IPPF framework itself. This distinction is essential for auditors to understand the appropriate resources and guidelines available to them within the IPPF.