Chief Audit Executives need to be on the front foot when it comes to internal audit quality. Many internal audit functions have elements of quality assurance and Improvement programs but do not have a documented program where the results are regularly reported to the audit committee and senior management.

This practical and interactive training course demonstrates how to implement a Quality Assurance and Improvement Program, together with cost-effective ways to conform to the five-year quality assessment requirement. You will acquire practical tools you can immediately apply in your internal audit function and gain the knowledge needed to perform a file review of an internal audit engagement and undertake an external assessment.

Topics Covered:

• The Standards
• Internal audit charter
• The quality standards
• Quality Assurance and Improvement Program (QAIP)
• External assessments
• Self-Assessment with Independent Validation (SAIV) Quality Assessment process and templates
• Case studies

Learning Outcomes:
At the end of the training course, the participant will be able to:

• Describe why quality is important for internal auditing
• Provide guidance on quality within the Internal audit function
• Describe the elements of a Quality Assurance and Improvement Program to promote internal audit quality and continuous improvement
• Perform a file review of an internal audit engagement (internal assessment) 
•  Undertake an external assessment.