Quality Assessment Manual Update Released
New Quality Assessment Workflow supports CAE Performance
LAKE MARY, Fla. (27 July 2017) — The Internal Audit Foundation released an updated Quality Assessment Manual for The Internal Audit Activity. It conforms to the changes in the International Standards for the Professional Practice of Internal Auditing (Standards).
The manual’s content and format were improved using surveys and interviews with key quality thought leaders in the internal audit profession. A new quality assessment workflow, depicted in a Quality Assessment Process Map, facilitates external quality assessments and helps chief audit executives (CAE) focus their efforts to establish their quality assurance and improvement program (QAIP).
Other changes include additional advisory elements that identify successful internal audit practices. With this edition comes a clearer distinction between assessment types, a new document facilitating the review of work papers, a new planning process clearly differentiating between planning and fieldwork activities, a revised reporting format, and user-friendly appendices.
The new edition comes with an e-book version and a USB that has all the tools necessary to conduct a Quality Assessment.
For more information about the Quality Assessment Manual for The Internal Audit Activity, visit either the IIA’s North American or Global website.
About the Internal Audit Foundation
The Internal Audit Foundation (Foundation) is the donor-supported arm of The Institute of Internal Auditors (IIA). The nonprofit Foundation conducts groundbreaking research and scholarly publishing, offers essential career development and thought leadership products through The IIA Bookstore, and works with colleges and universities through the Internal Auditing Education Partnership (IAEP) program to enlighten the next generation of internal auditors. For more information, visit www.theiia.org or www.theiia.org/foundation.