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Quality Assurance Review for Internal Audits

Ensure internal audit meets standards and gain performance insights.

How do you know your internal audit function is providing value to the organization? Are they following professional guidance and industry standards? Astute audit committees and savvy Chief Audit Executives look to accredited professionals for an internal audit quality assurance review to answer these questions.

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.

Whether it’s time for your external assessment, or you want to make sure you transition to IIA standards the right way, or you just want to get a better understanding of the value of your internal audit function, Wipfli is here to help. Use our team to help build your quality assurance improvement program, perform your independent testing, implement any improvements, make sure you comply with IIA standards, and make your internal audit function the best it can be.

From curiosity to clarity to results. That's Wipfli.

Our clients rely on us because we see their success the same way they do: As a continual process. We know that business is fluid and results aren’t an endpoint; they’re waypoints on a trajectory toward success.