4500-Quality Assurance
General
The
establishment and implementation of a quality assurance program for the Office
of Internal Audit is required by the Standards
for the Professional Practice of Internal Auditing (Standards).
The
Director of internal auditing should establish and maintain a quality assurance
program to evaluate the operations of the internal auditing department.
The purpose of this program is to provide reasonable
assurance that internal auditing work conforms with
the Standards for the
Professional Practice of
Internal Auditing, the internal auditing department's
Charter, and other applicable standards. A quality
assurance program should include the following elements:
- Supervision.
- Internal reviews.
- External reviews.
With a
quality assurance program, there is a mentality or thought process that should
be addressed on an on-going basis throughout each audit or project.
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