The new IIA Global Internal Audit Standards, effective January 9, 2025, provide a comprehensive framework for a Quality Assurance and Improvement Program (QAIP). A QAIP is established by the chief audit executive to evaluate and ensure the internal audit function conforms with the Global Internal Audit Standards, achieves performance objectives ...

2021年9月8日 · To help practitioners interpret the Standards related to quality, The IIA has produced the Quality Assurance and Improvement Program (QAIP) Practice Guide. A QAIP should draw conclusions regarding the quality of the internal audit activity and lead to recommendations for appropriate improvements.

Standard 1300 – Quality Assurance and Improvement Program states that the CAE must develop and maintain a QAIP that covers all aspects of the internal audit activity. Common elements of all QAIPs include:

2025年1月31日 · Key elements of an effective QAIP include: Ongoing monitoring: Regularly review audit engagements to ensure compliance with standards; Periodic self-assessments: Evaluate the overall effectiveness of the internal audit function; External validation: Plan for independent reviews to validate your QAIP; 3. Update documentation and processes

Fine tune QAIP activities in response to KPIs and feedback. Capture and implement additional improvements or factor into next IA plan; Prepare for the next External/Strategic Quality Assessment to independently check conformance with the new Standards

Describe the required elements of a quality assurance and improvement program (QAIP), including both internal and external assessments. Describe the requirement of reporting the results of the QAIP to the board or other governing body.

International Standards for the Professional Practice of Internal Auditing (IIA Standards) 1300 through 1312 require the Chief Audit Executive to develop a Quality Assurance and Improvement program (QAIP) to ensure consistent quality in the internal audit function.

What does a quality assurance and improvement program include? The required elements of the program are periodic internal and external quality assessments, ongoing internal monitoring, and assurance that the internal audit activity is complying with the Standards, the definition of internal auditing and the Code of Ethics. (Standards 1300 & 1310)

A Quality Assurance and Improvement Program (QAIP) enables an evaluation of the internal audit activity's conformance with the Definition of Internal Auditing and the International Standards for the Professional Practice of Internal Auditing and an evaluation of whether internal auditors apply the Code of Ethics. The program also assesses the ...

2024年8月14日 · To develop an impactful QAIP model, an IA function should consider a flexible, cost effective and scalable quality assurance methodology. The methodology should define a complete set of requirements on areas like IA capabilities, technology support and deliverables.