Quality of your Internal Audit function: independently assessed.
Two services 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, in two tracks.
ONE Risk Advisory supports heads of Internal Audit, boards, supervisory boards and their audit committees 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, supervisory boards and their audit committees.
- Design of the internal audit function
- Positioning and independence
- Effectiveness and quality
Targeted improvement of your Internal Audit function, across its full breadth or on a single component, along the Design and Improve axes. With or without an assessment framework, and independent of the EQA cycle.
- Design: charter, governance, methodology
- Improve: execution, reporting, follow-up
- Full breadth or a single component, independent of the EQA
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