Protiviti’s Internal Audit Quality Assurance professionals help organisations evaluate conformance with The International Standards for the Professional Practise of Internal Auditing (Standards) and identify opportunities to improve internal audit performance and services.
The IIA Standards require an external review of the internal audit activity every five years. These reviews are designed to assess the activity’s conformance with the Standards and its effectiveness in providing assurance/consulting services to the organisation’s board of directors, senior executives and other interested parties.
An external Quality Assessment Review can facilitate the transformation of an internal audit department into a more strategic business partner and value-added activity. The process can identify improvement opportunities and provide counsel to the chief audit executive and staff for improving their performance and services, as well as promoting the image and credibility of the internal audit activity. With more than 175 professionals accredited in Quality Assessment and Validation, Protiviti is well positioned to evaluate an organisation’s conformance with The IIA Standards and suggest leading internal audit solutions to enhance the quality and effectiveness of internal audit.