Internal Audit Quality Assessment Reviews (QAR)

Carrtegra’s internal audit quality assurance professionals help organizations evaluate conformance with the International Standards for the Professional Practice of Internal Auditing (Standards) and identify opportunities to improve internal audit performance and services.

The IIA Standards require an external review of the internal audit activity every five years. These reviews are designed to assess the department’s conformance with the standards and its effectiveness in providing assurance/consulting services to the organization’s Board of Directors, Senior Executives and other interested parties.

The external Quality Assessment Review (QAR) can facilitate the transformation of an internal audit department into a more strategic business partner adding value to the organization. The process can identify improvement opportunities and provide counsel to the Chief Audit Executive and staff for improving the performance and services as well as promoting the image credibility of the internal audit department. Carrtegra is well positioned to evaluate an organizations conformance with the IIA Standards and suggest leading internal audit solutions to enhance the quality and effectiveness of internal audit.