Quality Assurance And Improvement Program

Front 1

What must the CAE develop and maintain?

Back 1

a quality assurance and improvement program (QAIP)

Front 2

What does QAIP include?

Back 2

- ongoing monitoring of quality assurance
- internal self-assessment
- external assessment

Front 3

What do assessments include?

Back 3

ongoing analyses of performance metrics:
- audit plan accomplishment
- recommendations accepted
- customer satisfaction
- conformance with Intl standards

Front 4

To whom must the CEA report the degree to which the IA activity achieves the degree of professionalism required by the IIA?

Back 4

senior management and the board

Front 5

When do the QAIP results have to be reported to senior management and the board?

Back 5

- the results of external and periodic internal assessments: upon their completion
- the results of ongoing monitoring: at least annually

Front 6

When does the IA activity not comply with the Standards?

Back 6

if the QAIP does not function

Front 7

What kind of evaluations must an assessment of a QAIP include?

Back 7

- Adequacy of the internal audit activity’s charter.
- Conformance with the Standards and Code of Ethics.
- Contribution to the organization’s governance processes.