Internal Audit Quality Assurance
Develop the Quality Assurance and Improvement Programme
Type
Functional
Competency Area
Internal Audit
Levels
Identify and apply the Quality Assurance and Improvement Programme (QAIP)
Assess efficiency and effectiveness of the internal audit (IA) activities
Conduct assessment of the IA activity for conformance with IPPF
Plan and complete results of the Quality Assurance and Improvement Programme (QAIP)
Identify opportunities for improvement
Recommend improvements and express opinions on the results
Communicate results of QAIP to senior management and the board
Administer ongoing monitoring plans
Assess Quality Assurance and Improvement Programme’s (QAIP) conformance to standards
Review results of the assessment
Establish a reporting structure for results of assessments that maintain appropriate credibility and objectivity
Assess the QAIP against Institute of Internal Auditors (IIA) standards
Identify areas for improvement to the QAIP
Develop a plan for periodic self- assessments