Quality of your Internal Audit function — independently assessed .
Two modalities for the quality of your Internal Audit function: Quality Improvement (targeted enhancement on Design and Improve) and External Quality Assessment (the IIA-mandated assessment, per Standard 8.4). Both delivered independently, both reporting to the audit committee and Chief Audit Executive (CAE).
Quality along two topics.
ONE Risk Advisory supports heads of Internal Audit, boards and (audit committees of) supervisory boards in conducting External Quality Assessments (EQA) of the internal audit function. We carry out independent and objective assessments of the design, positioning and effectiveness of the internal audit function, with the aim of providing insight and enabling targeted improvement.
Our EQAs provide assurance about the quality of your internal audit function and contribute to confidence among boards and (audit committees of) supervisory boards.
- Design of the internal audit function
- Positioning and independence
- Effectiveness and quality
Continuous, targeted improvement of your internal audit function between the formal assessments, along the Design and Improve axes. Aligned with the IIA Quality Assurance and Improvement Programme (QAIP).
- Design: charter, governance, methodology
- Improve: execution, reporting, follow-up
- Continuous, aligned with the IIA QAIP
Quality Improvement or a full EQA ?
We help you choose, based on your QAIP status, audit cycle and audit-committee requirements. A first conversation is quickly arranged.
Schedule a conversation on Internal Audit Quality