Quality Assurance Review

Every internal audit activity must undergo an external quality assurance review (QAR) at least every five years. Our approach to your QAR goes beyond the professional internal audit standards-required compliance check. We assess your internal audit activity against leading professional practices and emerging trends, as well as confirm your strengths and identify opportunities for improvement, in addition to assessing conformance to professional internal audit standards.

In comparison to preferred practices and industry standards, we pay special attention to people, infrastructure, technology, communication, processes, credibility, and strategic value. We also consider your internal audit process’s responsiveness to changes in your company’s operations and business objectives, as well as its ability to address changing or emerging risks to your organization’s strategic objectives.

Quality assurance review services

• Evaluate the efficiency and effectiveness of your organization’s internal audit activity
• Identify strengths and opportunities for increasing value to the organization
• Help the internal audit activity develop a road map and implementation plan to go beyond stakeholder expectations
• Promote compliance with professional internal audit standards
• Transform your internal audit activity into a strategic asset of the organization