Ensure internal audit meets standards and gain performance insights.
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
Sarah G. Lutzke, CIA
Sarah leads the internal audit service line for Wipfli. Still deeply involved with her clients, Sarah leads outsourced internal audit engagements and manages co-sourced arrangements, ensuring Wipfli’s risk management consulting assistance is tailored to the individual circumstances of each client. Sarah has the experience and ability to evaluate controls within a process and provide sensible recommendations to strengthen operating environments.
Carrie Connell, CPA
Carrie has over 15 years of experience in assisting clients with Sarbanes-Oxley Section 404 compliance for accelerated filers and smaller reporting companies, FDICIA compliance, and operational and financial internal audits. She helps both public and private financial institutions ready themselves for and comply with SOX/404 and FDICIA reporting requirements and provides ongoing consultative advice to clients to continuously improve their programs.
Teresa M. Francis, CIA, AAP
With a 100 percent focus in the industry and more than 20 years of experience in leading risk-based internal audits, Teresa serves as a consultant to banking clients on internal, operational, and financial reviews of activities to determine the reliability of information and evaluate compliance with regulations, policies, and procedures.
