How do you know your internal audit function is providing value to the organization? Astute audit committees and savvy Chief Audit Executives look to accredited professionals for an internal audit quality assurance review.
According to the Institute of Internal Auditors (IIA) standards, external assessments such as a quality assurance review, should be conducted at least once every five years by a qualified, independent reviewer or review team from outside the organization. The quality assurance review ensures that an organization’s internal audit program meets the expectations of the IIA’s International Standards for the Professional Practice of Internal Audit.
A quality assurance review from Wipfli can help provide insight into performance gaps and evaluate conformance with internal audit standards. We also provide recommendations for improving your internal audit function.
Featured Thought Leader
Sara Mikuta, CPA, CGMA, CIA, CRMASara brings over 30 years of experience and leads a team responsible for the development and delivery of internal audit services, regulatory compliance examination services, loan portfolio services, information technology services, and fiduciary and trust services. Her depth of knowledge and experience provides her clients with the necessary tools to be successful in their endeavors.
Robert D. Cedergren, CPA, CGMA, CITP, CISM, CISA, CGEITBob is the leader of Wipfli’s risk advisory services practice. Leveraging his 20+ years of experience, Bob provides consulting services to clients in the areas of risk management and is a frequent speaker and author on risk management-related topics including risk assessments, business continuity planning, and management of internal controls.