Quality review
Effective preparation for a quality review
All members of the IIA, a professional association for internal auditors, must comply with international standards for the professional practice of internal auditing, regardless of the size of their audit department.
Part of the IIA standards is the implementation of a Quality Assurance & Improvement Program (QAIP), which requires audit departments to conduct a self-assessment at least annually. Maintaining a reliable record of these self-assessments can streamline the external quality review, which is typically performed every five years.
ARC People offers a range of professional support services, including:
- Guidance on efficiently meeting the formal requirements of IIA, NOREA, and/or NBA.
- Intermediate tests (e.g., file reviews) to evaluate the timeliness and sufficiency of your audit methodology.
With these services, ARC People significantly enhances the quality of your audit department. Our services are conducted by seasoned audit professionals with extensive experience in quality reviews. Sharing best practices is an integral part of our approach.
Excellent performance in quality review
An outsourced audit department by ARC People has successfully completed the quality assessment.
