Quality assurance reviews

Kreston Global improves internal audit effectiveness with quality assurance reviews. We provide independent assessments to enhance your audit function’s performance and compliance.

Ensure the effectiveness of your internal audit function with expert quality assurance reviews. Our specialists help organisations assess and enhance their internal audit performance, ensuring compliance with industry standards.

Strategic review services for internal audit performance

Internal audits are critical for evaluating an organisation’s controls, governance, and risk management. As required by auditing standards, Audit Committees and Chief Audit Executives (CAEs) must assess the performance of internal audits. Our internal audit quality assurance reviews provide in-depth evaluations to ensure the audit function is operating effectively and efficiently.

Our quality assurance services

We offer comprehensive internal audit quality assurance services, including both independent reviews and validation of internal self-assessments. Our team of professionals has extensive experience across diverse industries and regions, providing valuable insights to enhance the performance of your audit function.

What is a quality assurance review ?

We can conduct an independent quality assurance review of your internal audit function, assessing key aspects such as:

• Governance and risk management: Evaluating the alignment of your internal audit processes with your business’s overall strategy.
• Audit methodology and practices: Reviewing the approach, execution, and reporting processes of your internal audit team.
• Compliance with standards: Ensuring your internal audit adheres to international internal auditing standards and regulatory requirements.
• Resource management: Assessing the adequacy of staffing, skills, and training within your internal audit team.
• Effectiveness and impact: Measuring the performance of internal audits in terms of enhancing internal controls and operational efficiency.

Self-assessment validation

If your internal audit team has already conducted a self-assessment, we can validate its findings, ensuring they align with industry best practices. Our validation service includes:

• Verifying the accuracy and alignment of your self-assessment with global standards.
• Offering recommendations for improvement where necessary.
• Providing an external perspective to ensure an unbiased and thorough evaluation.

Why choose us for quality assurance reviews?

Industry expertise
Our experienced professionals have worked with organisations of all sizes and industries globally, including through our membership with Kreston Global. This experience allows us to bring valuable insights tailored to your unique business needs.

Comprehensive and tailored approach
We take a thorough, bespoke approach to assessing your internal audit function, ensuring that every key area is covered. Whether through a full review or validating self-assessments, our team ensures that your audit function is both efficient and effective.

Global network
Our global presence enables us to deliver local insights backed by international expertise. We provide cross-border support and ensure your internal audit processes align with global standards and local regulations.

Get in touch

For expert quality assurance reviews, contact our team today to discuss how we can enhance your internal audit function’s performance.

Get in touch to find an Internal Audit Quality Assurance Review Expert in your country.