Internal Audit Effectiveness Reviews (QARs) |
The Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing requires companies to conduct an independent quality assessment of their IA function at least once every five years. Deloitte’s Quality Assessment Services go beyond the scope of the mandatory IIA quality assessment review and help clients take a strategic look at their internal audit, risk management and assurance capabilities across the organization, while managing size and expense. In addition to fulfilling the requirements of the IIA quality assessment review, Deloitte’s services focus on whether the IA function is adding value to the organization, as well as meeting the objectives and expectations of management and the audit committee.